Sell Idea on EURGBP
Spotted a Wyckoff distribution on weekly timeframe. Of course this being a weekly timeframe the market might hit the sell target(weak low) probably in a month or next year. Confirmation on a 4hr will solidify this set-up. We want to see the same market behavior(Distribution and Change of Characters) on the daily and/or 4hr. I will monitor the 4hr over the coming weeks for potential buys to sell.
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.