EurGbp BBMA short oppurtinity
Updated
D1 as based
Anticipate that the price coming close to EMA50 .
- expected for the price to go down on D1 movement
Course of action .
Look at the price movement @ H4 . there are 2 possibility. whether the prices going up or down .
if the price go down ready for buy oppurtinity till it it reaches the short zone .
"Buy" acts as a risky entry as D1 price movement is downtrend. However "Buy" @ H4 supported by uptrend on H4 .
the safest oppurtinity is to wait at the Short zone . and wait for short oppurtinity,
Big SL can be avoided if a Buy candle momentum appeared @ D1
Anticipate that the price coming close to EMA50 .
- expected for the price to go down on D1 movement
Course of action .
Look at the price movement @ H4 . there are 2 possibility. whether the prices going up or down .
if the price go down ready for buy oppurtinity till it it reaches the short zone .
"Buy" acts as a risky entry as D1 price movement is downtrend. However "Buy" @ H4 supported by uptrend on H4 .
the safest oppurtinity is to wait at the Short zone . and wait for short oppurtinity,
Big SL can be avoided if a Buy candle momentum appeared @ D1
Trade closed: target reached
Note
WINNING ANALYSIS1-0
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