Wednesday, 18 May 2016

EUR/GBP sell update

D1 chart

My prediction of the price going down was correct and now it just over the 38% of the Fibonacci Retracement. Still, both the oscillators are showing bearish trend in this pair and will adjust my stoploss when the price break thru the 38% line.

My current but open profit is more than 125 pips.

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