EURGBP Short
EURGBP has tested a major resistance around 0.8921... It has retested this point already 4 times and failed to break out! On the H4 chart, a rising wedge can be seen forming...
Enter around 0.8915-0.8920
SL: 30 pips
TP: 75 Pips
Trade with proper risk management!
Enter around 0.8915-0.8920
SL: 30 pips
TP: 75 Pips
Trade with proper risk management!
Note
extra confirmation to go short if EMA 5 (blue) crosses under the EMA 12 (green line) and the Parabolic SAR appears above the closing candle!Note
If youre in the trade, keep holding because BEARISH FLAG is forming :)
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.
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.