PavanKulkarni

EURGBP - probable Short

Short
FX:EURGBP   Euro / Sterlina
AB is a Range confirmed by CDEF.
'A' being the resistance and 'B' being support of the range. 'GH' has broken the support and given Acceptance below with candle 1 & 2.
'HI' is the first pullback into the Range following which a Short is taken on the Test of the Support level from below.

Target : First Target will come at 1:2 RR
Second Target can be trailed with respect to priceaction. Once the first target is attained stop loss can be moved to break even on the remaining position

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