EUR-GBP First Up Then Down! Sell!
Hello,Traders!
EUR-GBP is trading in a downtrend
And the pair broke the daily support level
While trading in a falling channel
Which would conventionally cause me to go short on retest
But the pair's price action is bizarre
And I do not actually trust the breakout
Thus,even though a further move down is possible
I think that a local bullish move up is more likely
And then, we will see a new bearish wave after the pair retest the resistance above
From where I would feel comfortable selling
Sell!
Like, comment and subscribe to boost your trading!
See other ideas below too!
EUR-GBP is trading in a downtrend
And the pair broke the daily support level
While trading in a falling channel
Which would conventionally cause me to go short on retest
But the pair's price action is bizarre
And I do not actually trust the breakout
Thus,even though a further move down is possible
I think that a local bullish move up is more likely
And then, we will see a new bearish wave after the pair retest the resistance above
From where I would feel comfortable selling
Sell!
Like, comment and subscribe to boost your trading!
See other ideas below too!
✅Join My FREE Telegram Channel: t.me/top_tradingsignals
✅Contact Me For Signals: t.me/toptradingsignalsfx
✅Visit my Website: toptradingsignals.net/
✅My Broker: toptradingsignals.net/bestbroker
✅Contact Me For Signals: t.me/toptradingsignalsfx
✅Visit my Website: toptradingsignals.net/
✅My Broker: toptradingsignals.net/bestbroker
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.