scandicfx

EURGBP : Potential Short Is Coming

Short
scandicfx Updated   
FX:EURGBP   Euro / British Pound
Hi Guys.
I see now a potential Short position for this pair as it's now heading to Strong Key Level.
Could be retracement or reversal so watch out the PA after short order is triggered.
I can't see any targets for the short entry right now. After it's trigger than I can see the next move either a short retracement or complete reversal.

I would put the order on the exact RED horizontal line. It could be touch and drop as it shown in previous setup on EJ and EU. We will see..

Good luck for your trade. Don't forget your MM and R/R consideration when open the positions.

Happy Trading
Trade active:
Anyone got hit by this pair?
Congrats who managed to have that.

By the way have to be careful, in Weekly chart this pair is very strong Bullish.
Do not wait to long to get out from short position.

This is mine. prntscr.com/eh52yi
Comment:
Just realized on Daily chart... there is a Trend-line Resistance where this pair is looking for. Now I know what she wants. I wish it's turn to look downwards.
Managed to catch TOP spot today on bigger lot.

prntscr.com/ehm258

Good Luck Traders!

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