EURGBP - Trend line support broken, Downtrend intact
Updated
EURGBP closed below trend line support yesterday, presenting a nice opportunity to head lower.
Expecting a retest of the trendline as resistance, so will place an order entry 0.8598
TP1: .8550
TP2: .8500
TP3: .8450
Daily
Expecting a retest of the trendline as resistance, so will place an order entry 0.8598
TP1: .8550
TP2: .8500
TP3: .8450
Daily
Trade closed: stop reached
SL was too small. SL would have been safer tucked above the recent swing high for better safety. Otherwise this would been a good trade.
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