Euro / British Pound
Short

EURGBP - Trade Journal/Record. Short 1/2 position entered

EURGBP


snapshot


1/2 position: Sell @ .73887 w/ SL @ .7438 [-49.3 pips] & TP @.7282 [106.7]


Potential add to position .7397-.7415. Would like to do so following a reversal candle on 4H chart. (Potential 1H)

Good aspects with this set up:
- It is nearing range of past reversals
- Good risk/reward

Bad aspect with this set up:
- No completion of a reversal candle. That is the reason for the 1/2 position. However, I could be getting ahead of myself.
- Had a failed reversal candle on 9/24 at resistance band.


Comments welcomed.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.