EURGBP: Resisted by Waning Momentum

19 Kas 2018

EURGBP
Timeframe: H4
Direction: Short

Confluences for Trade:
- Waning strength in bullish rally
- Price at Horizontal Resistance
- Likely to Breaking S/T Trendline
- Stochastic Overbought momentum
- Fundamentally, both nations have internal issues that have yet to be solved, it really depends on timing on the events release; do note that EU will comment on Italy's budget tomorrow

Suggested Trade:
Entry @ Area of Interest 0.8890 - 0.8930
SL: 0.8969
TP: 0.8767
RR: Approx. 2.16 (Depending on Entry Level)


May the pips move in our favor! Good luck! :D

*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.

25 Kas 2018

İşlem aktif

25 Kas 2018

Not

Lock in half profits and move SL to BE.

Run remaining position totally risk free.

3 Ara 2018

İşlem kapandı: durdurma seviyesi

Clsoed at BE levels. Nothing risked.