mymentortv

Eur Pound Down we go

Short
FX_IDC:EURGBP   Euro / Livre Sterling
Good afternoon

so currently we are in a down trending market

what I see is the following :

- down trend
- a bearish triangle / flag

- market has been stalling on the line for a while : meaning a breakout will eventually occur


My entry signals:

- a break and close of the lower low : with retest then enter
- a break south of the triangle

stop will be above the previous high where the triangle has been placed and tps will be where areas of past strong support were

your friend Kris

If you have any questions or comments feel free to jump in and give me your perspective

www.mymentortv.com
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