Price Action Trading Report 20-Apr2016

Price Action Trading Report – Has EURGBP Finally Turned?

In this Price Action Trading Report, I look at a short trading set-up on EURGBP.

This trade has offered me precisely the kind of opportunity I love – a nice clean trendline break, allowing me to get into the market with minimal risk.

Now my position has a stop at breakeven, risk is off the table, and now we will just have to wait to see if price develops further in my direction.

This opportunity was alerted to Pro Members in advance last Friday at our Pro Workshop.

All comments welcome, we will reply to all of them!

DISCLAIMER & COPYRIGHT

This update is based on my analysis on my charting package. It may differ to yours as it can be affected by time, market movements, charting packages and broker prices. I accept no liability for loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on any information in this report or analysis.