EURGBP short likely
Reasons for short trade:
1. Downward trend which is correctly in a pullback correction
2. Corrective state creates an ascending channel, 90% chance of price going to the bottom of structure, price is at the top of the channel
3. Price is also at the an area of resistance
1. Downward trend which is correctly in a pullback correction
2. Corrective state creates an ascending channel, 90% chance of price going to the bottom of structure, price is at the top of the channel
3. Price is also at the an area of resistance
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.