Get started
Euro / British Pound
Short

EG Short Idea

By rjdyerz
Updated
I am looking to short the EG next week to the confluence area of my .618 fib and the bottom trend line. This is due to my upward trend line being broken.
Trade active
Up +60 pips currently. Moving stop to breakeven soon.
Trade closed: target reached
Trade manually closed for a total profit of 127 Pips!

Looking to reenter if price breaks below the .382 fibo. Still looking for price to move down to the .618 fibo.
Note
Price has almost reached the overall target. 234 pips + previous 127 pips = 361 pips total for this smooth trade.
eurgpb
rjdyerz

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.