2015-07-17_00-46-53eurgbp 5min

We stick to the same currency pair the EURGBP.

The chart chosen to ilustrate  the clear level of the short breakout is the 5 minute graph and the red horizontal trendline.

If price pierces the line firmly then a short position should be taken.

The more conservative trader might wait for a retracement after breaking the line but might risk to miss the trade if price just keeps running away.

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