SMPTrader

Possible EUR/GBP Short!!

Kort
SMPTrader Uppdaterad   
FX_IDC:EURGBP   Euro/Brittiska pund
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY

Chart time frame - H4
Timeframe - 1-2 Weeks
Actions on -
A – Activating Event
Currency Pair in the move to create a Double Top .
B – Beliefs
Currency pair will move north to the @0.8928 to the @0.8959 area. Followed by a south move to the @0.87 level.


EURGBP

Trade Management
Entered @ Still waiting for confirmation and for the double top to form
Stop Loss @ 0.8959
Target 1 @ 0.882
Target 2 @ 0.87

Risk/Reward @ 3.5:1 & 8:1

Happy trading. Will let you know closer to the time if or when executed:)


Follow your Trading plan, remain disciplined and keep learning !!

Please Follow, Like,Comment & Follow
Thank you for your support :)

This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Kommentera:
Trading update

Still waiting for confirmation. Waiting for the trade to push up to the 0.8928 - 0.8959 region.


Follow your Trading plan, Remain disciplined and keep learning !!

Please Follow, Like,Comment & Follow
Thank you for your support :)

This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
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