EUR/GBP Short head and shoulders setup
Updated
Hey! After I have managed to successfully longed EUR/GBP, I am back with another EUR/GBP setup.
So as I expected, the price has come to retest resistance area and this has created a head and shoulders, trend changing pattern.
This pair is very likely going to go up and down between resistance and support range so this is a opportunity for more than one trade, both long and short.
Short Entry
0.90600 - 0.90720
Take profit ( 32 to 61 pips)
0.90190 - 0.90280
Good luck with trading!
Make sure follow me, in order to not miss out on my trading ideas.
Each Like is very much appreciated! 🙌
If you have any questions, feel free to ask via dm or down in comments.
So as I expected, the price has come to retest resistance area and this has created a head and shoulders, trend changing pattern.
This pair is very likely going to go up and down between resistance and support range so this is a opportunity for more than one trade, both long and short.
Short Entry
0.90600 - 0.90720
Take profit ( 32 to 61 pips)
0.90190 - 0.90280
Good luck with trading!
Make sure follow me, in order to not miss out on my trading ideas.
Each Like is very much appreciated! 🙌
If you have any questions, feel free to ask via dm or down in comments.
Trade active
Trade closed: target reached
Take profit was hit +48 pips.
Related publications
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.