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NileshChavan
Jul 4, 2019 3:05 PM

EURGBP Near Sell Area Short

EUR/GBPOANDA

Description

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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