EURGBP: Potential Short (weekly/daily)

Please find the short term target (daily) on the right and related long term targets (weekly) on the left hand side.

How to split the trade:

TP1: 70% (daily)
TP2: 15% (weekly)
TP3: 15% (weekly)

Keep an eye on the volume and ride safe… Thight SL (EUR pretends to be strong, but Turkey & Italy are not solved yet. Further, ECB chairman will be exchanged in 2019 & Draghi is Italian, he probably won´t change the current approach).

This is not an investment advise this is just my personal opinion.

Trade active

Comment:

Sweet pips

Comment:

We are loosing momentum on this trade but it is still one of my favorites. As I have written above the EUR pretends to be strong but many problems are not solved and won´t be in the near future. Britain has also a lot of issues but they can handle them on their own and do not need to convince 19 member states (out of 28). Ride safe guys

Trade closed manually:

I close this trade manually and will reenter asap… Just wait till the pullback is done.

Trade active

Comment:

First 100 pips: Done. Just 80 more. Keep going honey.

Trade closed: target reached

Comment:

Keep in mind we have still two pending targets...