EURGBP - What Goes up must come down - Short

28 בספט׳ 2016

This pair has broken out of an ascending channel. Grey box is the key level where price will probably retest the broken structure. Confirm rejection to short

Always apply money manaagement

29 בספט׳ 2016

הערה

Trade active

29 בספט׳ 2016

הערה

SL 0.86816

29 בספט׳ 2016

הערה

Updating this at real time

Entry and SL shown on the chart.

PLAN A: Shorted at retracement (placed a sell limit order), and it spiked up. Strategically placed my SL if this doesn't work.

PLAN B: Would be to short at the Monthly Resistance - Psychological Rd No (where it would also touch the upper ascending trendline.

A more conservative approach is to short below the black dotted line

29 בספט׳ 2016

הערה

30 בספט׳ 2016

הערה

Retracement was rejected at the 0.618 Fib level



SL placed above

30 בספט׳ 2016

הערה

Minor rejection of the 4hr candle

In the red of 14 pips

3 באוק׳ 2016

עסקה סגורה: הגיע לסטופ

-100 pips SL (2 Positions)