Signal: EURGBP (1H), SHORT 📉
Good afternoon, traders! We got a projection for you. Let's get right into it:
We will be entering this trade, only if we see a nice, clean streak of green candles, going all the way back to the EP.
💱 SELL LIMIT:
- Stop Loss (SL) = ~0.85828
- Entry Point (EP) = ~0.85631
- Take Profit (TP) = ~0.85346
Positive evidence:
✔️ Breakout @ ~0.85631 (at a significant S&R zone).
✔️ Retracement @ ~0.85346 (at a significant S&R zone).
✔️ EMA (50) @ above candlesticks; between EP & SL.
✔️ EMA (200) @ above EMA (50).
✔️ Clean streak of red candles, going all the way down to the point of retracement (with the exception of one green).
Negatives:
❌ No overall downtrend.
In our opinion, the positives are greater than the negatives. Remember: if, at any point before price hits the EP (1H timeframe), we see a decent-sized red candle form, this projection is no longer valid.
Did this help you? Please let us know, in the comment section, so that we can provide you with better tips, in the future.
“My mission is to help you see forex for what it is: it’s not ‘rocket science,’ but a simple strategy game. Get on the ‘good side’ of probability, develop the proper mindset, and you will prosper.”
— Nio Pomilia, Forex Free Press
We will be entering this trade, only if we see a nice, clean streak of green candles, going all the way back to the EP.
💱 SELL LIMIT:
- Stop Loss (SL) = ~0.85828
- Entry Point (EP) = ~0.85631
- Take Profit (TP) = ~0.85346
Positive evidence:
✔️ Breakout @ ~0.85631 (at a significant S&R zone).
✔️ Retracement @ ~0.85346 (at a significant S&R zone).
✔️ EMA (50) @ above candlesticks; between EP & SL.
✔️ EMA (200) @ above EMA (50).
✔️ Clean streak of red candles, going all the way down to the point of retracement (with the exception of one green).
Negatives:
❌ No overall downtrend.
In our opinion, the positives are greater than the negatives. Remember: if, at any point before price hits the EP (1H timeframe), we see a decent-sized red candle form, this projection is no longer valid.
Did this help you? Please let us know, in the comment section, so that we can provide you with better tips, in the future.
“My mission is to help you see forex for what it is: it’s not ‘rocket science,’ but a simple strategy game. Get on the ‘good side’ of probability, develop the proper mindset, and you will prosper.”
— Nio Pomilia, Forex Free Press
相关出版物
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。