EURGBP short Short

Euro Fx/British PoundFXCM

Description

⋅ 16 août 2016 13:38

EURGBP slammed by Monthly resistance after a rally. I setup a short trade with an EP at 0.869 SL 0.873 and TP at 0.863 near daily Fibo retr.

Transaction en cours

⋅ 17 août 2016 07:10

Trade fermée: cible de profit atteinte

⋅ 17 août 2016 07:10

eurgbpshort resistence

Commentaires

mqalib

⋅ 17 août 2016 12:18

I have sell position on EURGBP at 0.85953. What do you think about it? thanks in advance.

jcds

⋅ 17 août 2016 12:40

I'm going short too, I'm taking the SL over 0.8815 the 100% weekly Fibonacci retracement. BTW I think it'is a bit risky trade.

Why did you open a short trade?

mqalib

⋅ 17 août 2016 12:50

i think it will go down till end of this month. But for now it is risky. I dont know to close this position or not!

positionforex

⋅ 16 août 2016 14:12

Could be more upside first. Long term resistance is closer to .8800.

jcds

⋅ 16 août 2016 17:25

You're right. I used the Fibonacci retracement monthly. And I did not catch the enter, damn! :-)

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