Eurgbp h4

[fibo13]

Harmonic Trading
Time frame H4
pattern = ABCD 100 %
Sell @ 0.8170 - 0.8180
SL: 0.8264
TP1 : 0.618 CD
TP2: C
TP3: A
Happy Trading.

[pipasir]

When with it. Looks like a good run.

Happy Holidays!

[NewbTrader]

very high risk trade without confirmations first, at least see a big red candle first

[fibo13]

why high risk?
you means... with confirmation? candle stick? or other pattern?

[NewbTrader]

why high risk?
you means... with confirmation? candle stick? or other pattern?

at the moment there's only bullish candles, when u think there's a reversal or has hit some sort of resistance, you need confirmations on the chart first with candles and possibly some add on indicators too


when u just look at this naked chart, eur/gbp is clearly in an uptrend, say you think it just hit some crazy resistance wall, you wait for at least 1 or 2 confirmations first before entering the trade...
currently it still shows it's very very bullish, see no signs of slowing yet....
perhaps you'll get a shooting star or some other indicators confirming it's the top

and i dont even see why you wanted to short in the first place
not sure the logic behind why this is the top
anyway, it's just my opinion

[pipasir]

EURGBP (4H Chart): The pair has reached a strong resistance level (a triple top),

Most likely scenario: Short @0.81574 with goals @ 0.8110 & 0.80840

signal am listening to, but possibly with lower goals.

[fibo13]

The market has price action around 0.8220.
thus my first target @ 61.8 % = 0.8107 and the second is @ C and third is @ A.
Happy trading.

[pipasir]

Here we go, as a starter i feel like little kid waiting for santa under christmas tree, and here he's coming! happy piping, HooaH!!!

[fibo13]

The market has price action around 0.8220.
thus my first target @ 61.8 % = 0.8107 and the second is @ C and third is @ A.
Happy trading.

Here we go, as a starter i feel like little kid waiting for santa under christmas tree, and here he's coming! happy piping, HooaH!!!

Tp1: 61.8=8107

[pipasir]

Tp1: 61.8=8107

Got it, Yes sir thank you.
Following your trades, maybe you got a journal, blog or something like that?