Euro/Sterling Pound in the re-distribution micro-trend
At the moment of this analysis, we continue in sell Euro, so, very important is that tomorrow there will be a news of German Retail Sales, that news could be impact in the Euro.
Now, looking the graphics, we see a formation of descendent triangle in H1 timeframe.
So, my objective of this operation is just find down 40 pips with 22 pips of SL.
Now, dont recall that Germany for the past days could be to imapct in the Euro, but nor much to see it a 100 pips of 1 candlestick, but yes a impact important, now generally the trend is bearish, dont recall it.
So, tomorrow morning I will going to check the same pars, except the US Dollar/ Swiss Ffrank, because obviously the US Dollar is up so lot in this par near of 100 pips, I ibelieve that is another signal as Australian Dollar that they both needs to make a correction to continue their trends.
Now, looking the graphics, we see a formation of descendent triangle in H1 timeframe.
So, my objective of this operation is just find down 40 pips with 22 pips of SL.
Now, dont recall that Germany for the past days could be to imapct in the Euro, but nor much to see it a 100 pips of 1 candlestick, but yes a impact important, now generally the trend is bearish, dont recall it.
So, tomorrow morning I will going to check the same pars, except the US Dollar/ Swiss Ffrank, because obviously the US Dollar is up so lot in this par near of 100 pips, I ibelieve that is another signal as Australian Dollar that they both needs to make a correction to continue their trends.
Trade closed manually:
Hello, EUR/GBP show in H1 timeframe a boughts, so boughts EUR/GBHP until the take profit at 0.8940, its a profit of approximately 50 pips, I will going already in my computer to make an analysis and read speculate news, one moment, but for now closed up your short position, so our earning was approximately at 15 pips.