EURGBP SHORT DAILY HEAD AND SHOULDER PATTERN
Updated
Hi traders:
Excellent opportunity to short EURGBP for three different targets! I am planning to
hold this trade for medium to long term depending on price action.
Enter the SHORT position @0.8695 as the 4 HR chart hit previous resistance area of 0.8700,
0.618 fib retracement, formed high test candle then dropped, now looking for a short of the
main pivot, 0.8700 level
Target 1: 0.8600 (2.37% Profit)
Target 2: 0.8465 (5.75% Profit)
Target 3: 0.8350 (8.62% Profit)
Thank you for your support and feedback.
Trade: #9 (2017)
Date: 01/11/2017
Time: 11:00 GMT
Excellent opportunity to short EURGBP for three different targets! I am planning to
hold this trade for medium to long term depending on price action.
Enter the SHORT position @0.8695 as the 4 HR chart hit previous resistance area of 0.8700,
0.618 fib retracement, formed high test candle then dropped, now looking for a short of the
main pivot, 0.8700 level
Target 1: 0.8600 (2.37% Profit)
Target 2: 0.8465 (5.75% Profit)
Target 3: 0.8350 (8.62% Profit)
Thank you for your support and feedback.
Trade: #9 (2017)
Date: 01/11/2017
Time: 11:00 GMT
Comment
Multi time frame analysis:Trade closed: stop reached
4 HR above key resistance level of 0.8700, and previous tops, result: 1% loss. Date: 01/12/2017
Time: 17:00 GMT
Comment
Another opportunity to sell: 
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