Euro / British PoundShort
EURGBP - In Sideways Trend
EURGBP chart is printing in Sideways Trend.
I'm doing trade in 1h time frame but first select 4h time frame and use Line chart to make Support and Resistance levels with horizontal lines at it's Peak and Low levels.
My Trade Strategy is doing short from 1sr Resistance Level.
Sell Limit: Entry Price at R1 with Stop Loss at R2.
Entry Price (Sell Limit) : 0.85710
Stop Loss: 0.85875
1st Take Profit : 0.85545
2nd Take Profit : 0.85380
I'm doing trade in 1h time frame but first select 4h time frame and use Line chart to make Support and Resistance levels with horizontal lines at it's Peak and Low levels.
My Trade Strategy is doing short from 1sr Resistance Level.
Sell Limit: Entry Price at R1 with Stop Loss at R2.
Entry Price (Sell Limit) : 0.85710
Stop Loss: 0.85875
1st Take Profit : 0.85545
2nd Take Profit : 0.85380
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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.