Euro / British PoundShort
EURGBP Short on £ strength
basic fib analysis confluenced with some key levels from weekly charts
i will be entering at the 50% retracement level if we get the rally up i predict we will. the shorts could easily tested and have their stops take before we see a move down to the POC.
POC at 0.83755 is my target 1.
if we break 0833 low convincingly we can see shorts down to my next target.
Target 2 is the level of weekly support confluenced with the 50% retracement of the big swing at at a low volume area around 0.81628 which i would expect to see a rejection of.
i will be entering at the 50% retracement level if we get the rally up i predict we will. the shorts could easily tested and have their stops take before we see a move down to the POC.
POC at 0.83755 is my target 1.
if we break 0833 low convincingly we can see shorts down to my next target.
Target 2 is the level of weekly support confluenced with the 50% retracement of the big swing at at a low volume area around 0.81628 which i would expect to see a rejection of.
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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.