Waiting for the EUR/GBP to break the green trend line downwards. If that happens, I'll open a new short position.
On the other hand, it looks very plausible that price first wants to do a big stop loss hunt at the previous 0.8970 - 0.8980 top. When this happens I first want to see how price action develops (will there be a break-out, or a fake break-out?) before deciding to open a new position.
On the other hand, it looks very plausible that price first wants to do a big stop loss hunt at the previous 0.8970 - 0.8980 top. When this happens I first want to see how price action develops (will there be a break-out, or a fake break-out?) before deciding to open a new position.
Trade active
Short we go!
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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.