IvanLabrie

EURGBP: Pattern might repeat itself

Short
IvanLabrie Mis à jour   
FX:EURGBP   Euro / Livre Sterling
In my last eurgbp position trade, I had outlined a long term downtrend in this pair, which was present in all timeframes, from monthly, down to 4h.
This time, the same kind of sideways grind we saw before the last impulsive leg down started is starting to form again.
I will enter short, with a stop at the 0.7424 mark, for a tight risk/reward, risking 1%.
Good luck!
Trade fermée: cible de profit atteinte

🔒Want to dive deeper? Check out my paid services below🔒

ivanlabrie.substack.com/
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.