Euro / British Pound
Short
Updated

Going to crack EURGBP short and looking for a big target

97
D1 bias and fib-confluence + a decent level. Too good to not take. Also forming a potentiel HS on the daily..
Trade active
Order filled. Squeezed me a bit but the trade is onside (for) now. Looking promising.

However, I will close the trade no matter what latest on friday evening. I never hold a trade through the weekend. Too risky for me..
Note
Stopped out on my trailing stop for a profit of 1R / 1% / 34pips.
Note
Did not hold the trade, but worth noting it would has hit the target before stop for a profit of 6R.

Very important to track wether you are actually profiting from managing trades. If not, take a hands off approach :)

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.