EURGBP-SHORT
Updated
We have initiated a short on EURGBP at the latest pop. The entry is few pips early than the supply zone just above.
If we go in the supply zone we will add a little bit to our position again.
If we go in the supply zone we will add a little bit to our position again.
Comment
We will hold this trade for more time. The price has made a 'V' return towards the supply zone.
Ideally, we won't take a trade on such returns but this is a headline move.
Comment
Covering half and stop loss at +10 pipsComment
First entry stop hit at +10 pips.Second entry booking 3/4th of the position with stop loss at +20 pips and TP as mentioned
Trade closed: target reached
Comment
Both the entries worked beautifully as planned. TBH we took profits early on our first entry due to all the shenanigans with Brexit talks. But the second entry allowed to ride this pair full towards the target.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.