Eur/gby, Short?

Beginner Questions
1

currently looking at it, looks like it’s reached its peak
the uptrend is slowing down
the Stochastic and Williams%R shows it’s overbought right now

haha, yes im newbish
currently shorting 1k mini lot eur/gby, with stop loss at 1.0 and limit at 0.9
yes it’s huge range 400-500 pips
but gonna go for the long term

tell me what you guys think

2

I think long term, it’ll come down. but I bought euro/gdp and made my 20 pips. I used my limit and stop.

I’m on 5k demo but I"m pretending i’m messing with alot less… small pips across the board. I was trading on 5 min. This small of a time frame allowed me to put to use my resistance and support theory as the basis for my SL.

Still learnin!