Euro pound short price action signal

Posted by on Aug 16, 2012

By David Ruscelli


Hello guys, today let’s see what the markets give as a price action signals with technical analysis.

As you know, I’m fond to the techical analysis and price action and I’m an expert trader of non-directional trading strategy, a trading system doesn’t have the troubles of the classical trading approach. Here you can find more information about non-directional trading strategy.

EUR/GBP

On this forex couple there’s one of our price action signal, in this case short. It’s a pin bar, we can short here, mind to the support at 0,7800, it could obstruct our wlalk toward the profit target. I suggest to move stop loss, probably just tomorrow, at break even. If you don’t know what’s breakeven it’s explained in this forex trading lesson.

EUR/GBP D1

 

That’s it for today, have a good trading!

 

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