EUR:GBP – 240 minute. Bearish Reversal Strategy Update

Summary

  • See post earlier this week for an explanation of this M reversal  set up using Bollinger Bands
  • Entry was  short at .8875
  • The downtrend has now made a corrective peak allowing a trailing stop to be moved down behind that level to .8792

About Ric Spooner

Over 30 years market experience - professional trader, broker, director
This entry was posted in Forex, Trading, Uncategorized. Bookmark the permalink.

2 Responses to EUR:GBP – 240 minute. Bearish Reversal Strategy Update

  1. Thomas says:

    Hi Dave, Ric

    Thank you for the chart set and the explanations… neat and tidy…do hope to continue to pick up and retain the tips.

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