If I choose the trend of EUR next week is downtrend.
And the trend of GBP is uptrend.
The trend of EURGBP will be downtrend.
I draw on the chart:
Three targets:
- 0.822
- 0.815
- 0.81
and the stop loss: 0.8347
I hit a SELL position EURGBP at current price.
Take profit: 0.815
Stop Loss: 0.8.8347
And the trend of GBP is uptrend.
The trend of EURGBP will be downtrend.
I draw on the chart:
Three targets:
- 0.822
- 0.815
- 0.81
and the stop loss: 0.8347
I hit a SELL position EURGBP at current price.
Take profit: 0.815
Stop Loss: 0.8.8347