EURGBP, Short, 1:4+ available
Good morning ladies & gents,
Hope you're all having a good Friday morning.
A sell structure has presented itself on EURGBP. After a relentless move to the upside all week from the rejection of the Weekly Bullish Orderblock, we can anticipate a move down to the area indicated below prior to a continuation to the upside.
In light of this, the M15 chart shows a break in the bullish market structure.
There's an entry available where price is currently at, and also a secondary entry available in the zone indicated in white.
Stop loss should be placed above the structure for safety. It's unlikely they'll reach into that area as all the higher level buyers are trapped in their positions up there.
Looking to short down to 0.85660
Good luck!
Hope you're all having a good Friday morning.
A sell structure has presented itself on EURGBP. After a relentless move to the upside all week from the rejection of the Weekly Bullish Orderblock, we can anticipate a move down to the area indicated below prior to a continuation to the upside.
In light of this, the M15 chart shows a break in the bullish market structure.
There's an entry available where price is currently at, and also a secondary entry available in the zone indicated in white.
Stop loss should be placed above the structure for safety. It's unlikely they'll reach into that area as all the higher level buyers are trapped in their positions up there.
Looking to short down to 0.85660
Good luck!
Trade fermée: ordre d’arrêt atteint
Closed @ Breakeven.
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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.