EURGBP Short idea / almost $6000 target amount on full size lot.
EURGBP will fall fast and badly. Currently trading in some kind of side way range, but it will drop soon hard and bad. We can expect some congestion in the area of 0.8610, but once it breaks 0.8600 it will enter into free fall zone at least up to 0.8250. Three arcs at the top areas are big and heavy signs for short move. With reasonable risk it's good to enter this trade now as the earning potential is very good depending on your trade size and size of your account.Time frame is few weeks.
This idea is just an idea, it is not a call for trade, everybody makes his/her own decisions. I am personally short.
Happy trading.
Thanks.
This idea is just an idea, it is not a call for trade, everybody makes his/her own decisions. I am personally short.
Happy trading.
Thanks.
Note
This is clean/naked chart analysis based on chart/price patterns only. I am not using any "indicators' or "signals" as they are all lagging and useless personally for me. Indicators bring mess to chats. This is my very personal opinion.Thanks for understanding.
Note
EURGBP prices are headed considerably lower and very soon. !!!!Note
Note
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.