Euro / British PoundShort
EURGBP forming strong downtrend
Updated
Hello traders as we can see on 4HR chart, EURGBP is in consolidation and is moving in specific range. After testing strong resistance at 0.91400 and support at 0.90400 many times hopefully now it's time for final test of resistance and it will starting forming a clear down trend and price will fall to 0.89000 a strong support. So let's see how it goes wait for price to move closer to 091400 then short.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad
Trade closed: target reached
As we expected the price to test 0.91400 level and then drop it went the same way. So I suggest to close trade at this point and wait for further pull back or let it go down further then we will see how we plan our next move
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