Euro / British PoundShort
EURGBP: Bear Run Set To Commence?
Updated
Bulls have been having a hard time lately and this week their exhaustion got pronounced. Both weekly and daily, including the 4H timeframe are giving strong hints into a more probable trend reversal. This week's Pin Bar may commence a selling pressure which in turn may begin a bear market. This trade clearly offers an opportunity highly lucrative for swing traders. More than +300 pips may ensue should the descending channel work out as expected. Entry opportunity on 4H timeframe has already begun where a breakout and re-test of a rising trendline took place.
Good luck traders.
Good luck traders.
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