Euro / British PoundShort
EURGBP-SELL strategy
I still believe strongly in a move back to 0.8530 (bottom of channel).
The pair has moved higher, and it feels as if we go higher, but I am of the view that we are overbought. We are above channel top and now a dark candle suggest we may see a break of 0.8687 trend line support. Take profit somewhere 0.8557 now.
The pair has moved higher, and it feels as if we go higher, but I am of the view that we are overbought. We are above channel top and now a dark candle suggest we may see a break of 0.8687 trend line support. Take profit somewhere 0.8557 now.
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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.