informedtrades
Short

Ceiling in on EURGBP?

FX:EURGBP   Euro Fx/British Pound
17 0 0
EURGBP             has been in a nice and clear downtrend, though recently pulled back to around .8050 this month. Price is now just below the 50 SMA , a key Fib level, and resistance. Moreover, candlesticks are showing wicks there, suggesting bears will defend the 7905 price level. As such, I'm set to short at 7905, with y stop at 7950 and my target profit at the recent lows of 7765.

The largest archive of trading educational content on the web: http://www.informedtrades.com
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out