EURGBP- Short idea

1 Oca 2017

Looking at the daily TF , a pin bar formation can be seen, indicating a reversal or rejection from the resitance and sellers coming in. I will put a pending sell limit order with an entry point of point of 50% of the current daily candle assuming the price goes back 50% and then starts coming down.

SL- set above the pin bar and expecting atleast 1:2 RR

TP 1 to 61.8 fib level.
TP2 to 78.6 fib level.
TP3 to 100 fib level.

2 Oca 2017

İşlem aktif

5 Oca 2017

İşlem elle kapatılmış

Closed the trade manually, look at the candle wick it was so close to to TP.