Search
Products
Community
Markets
News
Brokers
More
IN
Get started
Community
/
Ideas
/
Falling Trendline Resistance on Price & RSI of EURGBP
Euro / British Pound
Short
Falling Trendline Resistance on Price & RSI of EURGBP
By SaleemJunedLala
Follow
Follow
Updated
Feb 7, 2017
1
Feb 3, 2017
It has been observed that EURGBP tried breaking the falling trendline resistance but was unable to do so.
Can be shorted at current price levels for targets to the next support level.
Target
:0.85851
Stop
: 0.86457
Feb 3, 2017
Trade active
Active at CMP of 0.86156
Feb 7, 2017
Trade closed: target reached
Typical Fakeout! Went very close to the stop couple of times, but came down eventually!
SaleemJunedLala
Follow
Also on:
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
.