EURGBP Sell Now

I am already in this trade but as we can see it's facing another resistance at 0.85670 we can take another entry here.

Targeting only 1:3 still it can further, will take partial at 0.85300 and move sl to break even.
endgame is at 0.85050. good luck!

Trade attivo

Trade chiuso manualmente:

closed manually in profit, you guys can hold it,my prop doesn't allow news trading so i am going out as we have gdp news for GBP coming.

i recommend moving sl to be.

all the best for the people holding, remember don't be greedy there will be infinite opportunity so no need to risk more than .5% and no need to trade uncertain events major news.

Commento:

it's creating a falling wedge which is not good for bears. if it fails to drop below 0.85600 now then we are looking a temporary pump towards 0.85820.

so just to be safe move sl to breakeven and if it goes to 0.85820 then we go short again.