Euro / British PoundShort
EURGBP - H1/H4 - Sell Opportunity
I expect the price to respect the H4 trendline and continue in its downtrend. Multiple confluences confirm this with a strong ressistance zone which it had failed to break. Good Opporunity to sell in my opinion.
Target; 50-60 Pips
Although a break above this ressistance level and long term down trend will possibly confirm a reversal with bullish momentum over the next few days with a TP of 150-180 Pips.
Target; 50-60 Pips
Although a break above this ressistance level and long term down trend will possibly confirm a reversal with bullish momentum over the next few days with a TP of 150-180 Pips.
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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.