EURGBP - probable Short
AB is a Range confirmed by CDEF.
'A' being the resistance and 'B' being support of the range. 'GH' has broken the support and given Acceptance below with candle 1 & 2.
'HI' is the first pullback into the Range following which a Short is taken on the Test of the Support level from below.
Target : First Target will come at 1:2 RR
Second Target can be trailed with respect to priceaction. Once the first target is attained stop loss can be moved to break even on the remaining position
'A' being the resistance and 'B' being support of the range. 'GH' has broken the support and given Acceptance below with candle 1 & 2.
'HI' is the first pullback into the Range following which a Short is taken on the Test of the Support level from below.
Target : First Target will come at 1:2 RR
Second Target can be trailed with respect to priceaction. Once the first target is attained stop loss can be moved to break even on the remaining position
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