Possible EUR/GBP Short!!

21 Kas 2018

SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY

Chart time frame - H4
Timeframe - 1-2 Weeks
Actions on -
A – Activating Event
Currency Pair in the move to create a Double Top .
B – Beliefs
Currency pair will move north to the @0.8928 to the @0.8959 area. Followed by a south move to the @0.87 level.


EURGBP

Trade Management
Entered @ Still waiting for confirmation and for the double top to form
Stop Loss @ 0.8959
Target 1 @ 0.882
Target 2 @ 0.87

Risk/Reward @ 3.5:1 & 8:1

Happy trading. Will let you know closer to the time if or when executed:)


Follow your Trading plan, remain disciplined and keep learning !!

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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!

22 Kas 2018

Not

Trading update

Still waiting for confirmation. Waiting for the trade to push up to the 0.8928 - 0.8959 region.