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ahelfensteijn

Searching it´s touchdown at a 200EMA!

Short
Euro / British Pound (FX_IDC:EURGBP)  
ahelfensteijn Updated   
FX_IDC:EURGBP   Euro / British Pound
Trend Analysis EURGBP short Bearish Patterns Exponential Moving Average (EMA)
2
5
trendanalysis eurgbp short bearish ema
The EURGBP is trying to get back to the level of the 200 EMA
Due to traders getting their profits, it seems the start a retracement. According to the theory, it will make the last move down to get back to the level of this 200 EMA.
Check the 4H chart to see the best point to enter.
When a full candle is under the 14 EMA line.
Comment:
Searching for a touchdown at the 200 EMA.
Trade closed: target reached:
200 EMA hit
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