EURGBP SHORTS FROM MAJOR DAILY REGION OF RESISTANCE
Updated
Good morning traders,
Today i release an analysis of the EURGBP.
After rejecting clean from a Region of daily Resistance which is also the 0.90000$ Keylevel,
we now see some Bearish momentum.
on the lower timeframes (h4.h2,h1) we rebroke the descending trendline and now still trading below.
I think it should fall into the Base Region of 0.88750$ if we get more Selling pressure.
Lets see how this play out.
Thats just educational purpose, no advice.
~your Tradingpurpose~
Today i release an analysis of the EURGBP.
After rejecting clean from a Region of daily Resistance which is also the 0.90000$ Keylevel,
we now see some Bearish momentum.
on the lower timeframes (h4.h2,h1) we rebroke the descending trendline and now still trading below.
I think it should fall into the Base Region of 0.88750$ if we get more Selling pressure.
Lets see how this play out.
Thats just educational purpose, no advice.
~your Tradingpurpose~
Note
I adjust my stoploss to break even due to the Trendline which maybe will hold very well. i also close 20% of my position at +40 pips.
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