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Hi Traders:
We are seeing a great opportunity on EURGBP short. As the price action has finally show some bearish momentum, broke below the support trend line on the 4 hr chart. Now we are seeing a nice pullback, can potentially form a lower high to confirm bearish continuation. Good idea to enter at the first lower high for a great risk:reward ratio.
I will update any trade entries on this pair in the next few days.
Thank you for you support and feedback.
We are seeing a great opportunity on EURGBP short. As the price action has finally show some bearish momentum, broke below the support trend line on the 4 hr chart. Now we are seeing a nice pullback, can potentially form a lower high to confirm bearish continuation. Good idea to enter at the first lower high for a great risk:reward ratio.
I will update any trade entries on this pair in the next few days.
Thank you for you support and feedback.
评论:
Here is the daily chart:
相关观点
@Cevizkabugu, Yes I still think the overall momentum is bearish. Just need more confirmation on the intraday charts.
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@Mustapha87, Didnt enter becuz of the GBP GDP news event. But looking for entries now
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@AhmedHamdan, yup chances are the news will push it to the desire direction
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