EURGBP
1/2 position: Sell @ .73887 w/ SL @ .7438 & TP @.7282
Potential add to position .7397-.7415. Would like to do so following a reversal candle on 4H chart. (Potential 1H)
Good aspects with this set up:
- It is nearing range of past reversals
- Good risk/reward
Bad aspect with this set up:
- No completion of a reversal candle. That is the reason for the 1/2 position. However, I could be getting ahead of myself.
- Had a failed reversal candle on 9/24 at resistance band.
Comments welcomed.