Stopped out in the Eur/Gbp position. Alive in the Eur/Usd short position. The latter broke the 800sma 4h SurpriseBox to the downside with a double top. Expected to travel at least till the 200sma that might act as resistance. A more aggresive approach might be to let it run till last low at 1.30. Might trail stop on some of the positions using the weekly chart mentioned in previous blog.
Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com
