*Update* EURGBP downtrend, indecision candlestick to blame

By mrleh
Updated
In EURGBP, we are still holding the sell position in 200+ pips. Currently, price broke a key area and now pulled back towards that key area and if we can get the daily closure below the key area, we'll still continue holding the sell. Trust the analysis and hold. Let's goooooo

Original analysis:

EURGBP forming an indecision candlestick on the daily chart at the two-year high, very very good confirmation for the sell long term. We'll enter sell positions if price holds it's own.

EURGBP SELL
Start: 0.92900
Stop loss: 0.93400
Take profit: 0.90000

snapshot

Trade closed: target reached
Hit +200 pip profit break stop loss
Beyond Technical AnalysisEUREURGBPGBPTechnical IndicatorsLITlongtermSELLshortTrend Analysis
mrleh

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