EURGBP Short opportunity low risk
Updated
wait for priceaction to show it's path and be patient to enter the trade. if priceaction won't show enough evidence of a down trend, don't enter. look for priceaction on the 1h chart. the EMA200 and EMA50 are slowly entering "the golden cross" which is a strong indicator for showing a big possibly change in the trend.
the trend is currently at a "fighting/ resistance zone" so it is very possible to go either way. if it breaks the resistance zone i will be looking for a long opportunity at tp 0.92711 and SL beneath the resistance zone.
the trend is currently at a "fighting/ resistance zone" so it is very possible to go either way. if it breaks the resistance zone i will be looking for a long opportunity at tp 0.92711 and SL beneath the resistance zone.
Comment
split the trade in 2 and if "take profit 1" will be hit then place the last trade on breakeven to secure profits.Comment
those who followed this setup will already be about 100 pips in profit. i recommend you to set you last trade to break even if you decided to split it up in 2 to secure profitsDisclaimer
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