EURGBP shorts , perhaps a few more pips available ?
Following on from yesterdays post
https://steemit.com/forex/@fxcrypto.com/cable-smashed-can-eurgbp-hold
Price came within 10 pips of the Monthly Trendline and 0.92 Psychological level.
Chart Link Hourly - https://www.tradingview.com/x/p2EGu3ja/
Chart Link Monthly - https://www.tradingview.com/x/A24CjVuq/
Banked some nice pips yesterday whilst scalping away ( total 35.9 )
Here is a summary of the trades ,
Link - https://www.mql5.com/en/charts/10482616/eurgbpx-m1-thinkmarkets-com
The initial impulsive move towards big monthly trendlines offers some of the best scalping opportunities, particularly on major currency pairs or highly liquid pairs such as EURGBP.
I still think there are a couple more short trades on this pair today , but wont be hitting this pair like I did yesterday. A breach above 0.92100 negates any short bias.
cheerio
FXcrypto
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