Short EURGBP
The pair is showing weakness at the 4H frame, and now it's at .618 fibonacci from the last higher high, so, it's a good resistance level to go short for this pair and I expect a big drop until .87 level. If the pair break below .87 the wave could be really huge for the downside
Note
Good risk/reward ratioTrade closed: target reached
1st target hit
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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.