EURGBP Short Daily/H4

OANDA:EURGBP   Euro / British Pound
This is a EURGBP short I am looking at. The daily broke out of a bear flag with two strong bearish days, then printed an inside candle on the daily which shows on the H4 as a pullback to the 8ema. Prices on the daily haven't yet reached the lower band so I am in favour of going short on the break of the H4 pullback trandline, as apposed to waiting for the daily to make a pullback to the green resistance which I have also plotted on the charts. TP is a measured move objective of the last impulsive move down which takes us nicely to some weekly support.
Trade closed: target reached


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out