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NileshChavan

EURGBP Near Sell Area

Short
Euro / British Pound (OANDA:EURGBP)  
NileshChavan Updated   
OANDA:EURGBP   Euro / British Pound
Chart Patterns Harmonic Patterns Trend Analysis EURGBP eurgbpshort eurgbpsell eurgbptrend eurgbpbullish eurgbplong eurgbpbearish
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chartpattern harmonicpatterns trendanalysis eurgbp eurgbpshort eurgbpsell eurgbptrend eurgbpbullish eurgbplong eurgbpbearish
Sell Below 0.89600 Stoploss- 0.89900 Target- 0.89200-0.88850
Reasons for trade- 1. Price is near to daily channel resistance formed in Aug 17 2.4 Hour chart has formed double top pattern and took resistance twice from 0.89900 levels. 3.multiple support taken near 89.630 which has become weak now. 4.Risk Reward Ration is more than 1:1.5
Trade active
Comment:
Stoploss triggered -30 pips
Trade closed: stop reached

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