Euro / Livre Sterling
Short

EURGBP trade example of yesterday's post

325
Yesterday I updated EURGBP and mentioned that I expected a reversal although it could make another high for wave 5.
See link below for that post:
EURGBP update


I think we still need that fifth wave higher but by means of this chart I'll try to show a trade example so you guy's might be able to better understand what I look for once I post an analyses. I'm very conservative in my trading and wait most of the time. However as long as I trade at least risk/reward: 3/1 you don't need that many trades.

Take profit is indicative, I watch price action by means of reversals or consolidations and adjust my stop loss accordingly.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.