Euro / British Pound
Short
Updated

EURGBP Scenario for shorting again

64
A price running in steep trendline in an impulse has to pullback.
The impulse is the direction that we need to take so in this case we are on short mode.
I would be interested in shorting if a pullback to create right shoulder or retest of of supply level as shown on the chart.
At this time, no trade
Note
I am waiting for decisive bearish candle to take short entry

snapshot

price just tested the level I expected but further move upside still possible, we need to see bearish evidence to ensure entering not too early
Trade active
snapshot
impulse

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.