EURGBP - Longing the range
EURGBP ranging in around a 100 pip range between 0.89 - 0.9.
We can look to capitalise on this by longing to the high (I believe the break on 29th May was a fakeout) of the current range at the 0.9 psychological, with an excellent R:R of 1:5+
We have added confluence of price's rejection of the ascending trendline.
20 pip SL, potential 100+ pip reward!
We can look to capitalise on this by longing to the high (I believe the break on 29th May was a fakeout) of the current range at the 0.9 psychological, with an excellent R:R of 1:5+
We have added confluence of price's rejection of the ascending trendline.
20 pip SL, potential 100+ pip reward!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.