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Chimbarosa
Aug 29, 2018 8:32 PM

EURGBP: Potential Short (weekly/daily) Short

EUR/GBPOANDA

Description

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...
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