UnknownUnicorn981629

V1:T3_Short EURGBP despite strong EURUSD.

Short
UnknownUnicorn981629 Mis à jour   
OANDA:EURGBP   Euro / Livre Sterling
Put this trade on without thinking about how it corrolates to EURUSD. StrongEURUSD= strong EURGBP. Cancelled public post and live orders.
Shorting EURGBP in confluence with stong EURUSD. Price faked everyone out by pushing above the highest level of 2018 ever so slightly. No closes were above the level yet.

For the shorterm I believe EURGBP could pullback down to its averages. 4 hour bar has given me a good opportunity, however I'm going to desire the best entry possible.

Short 2% account at strategic entry .89178

Stoploss at highest point of 2018 put in last Friday .89525

T1 - .88831
T2 - .88484
T3 - .88137

I think this could run to T3. This pair got way out of sync when EURUSD is weak. Now that EURUSD is getting stronger this pair could be in trouble.

Goodluck!

If you found this analysis useful or thoughtful Likes/Comments/Follows are much appreciated!
Disclaimer: Your data may be different. |V1-T1 = Volume 1-Trade 1| Material is educational only. Trade at your own risk!

Trade fermée: ordre d’arrêt atteint:
Good thing I knew EURUSD was gonna be strong. Looked like a great trade did not pull the trigger.
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