EUR/GBP Short Resistance

٩ أكتوبر ٢٠١٥

EUR/GBP Near heavy level of resistance and it's hitting the overall down trend line - drawn from the hour 4 chart using basic price action.Currency is also near the weekly high. Hourly candle also formed what looks like a spinning top. Also a sign of a reversal.

I can see it dropping to at least 0.73850 then retracing back up. This is if it does have resistance on our level. Theoretically, of course. Trade safe and have a great weekend!

١٣ أكتوبر ٢٠١٥

أغلقت الصفقة: تم الوصول لوقف الخسارة

Stop loss hit. Take profit should have been less.