myronemoyo

EURGBP - Downside from 0.9000?

Short
myronemoyo Mis à jour   
FX:EURGBP   Euro / Livre Sterling
If I die, I die... lol

Prices has come to the illusive 0.9000 region, multiple rejection wicks on the 4hr and daily.
Market made a drive to 0.90 and rejected, we are looking for a daily close to confirm a false break and the potential to reverse to the downside.

This is going to be a long (How ironic) one, prepare your swaps and commission.

Remember your risk management...
aaaannnndddd... Pippin' ain't easy.

Like, Comment, DM any questions - Let's Chat
Commentaire:
False break to the upside as noted by the 30min shooting star, and 15min bearish engulfing. Lets see if the hr and 4hr confirm.
Commentaire:
0.9000 Held with a daily close below. Market looks to be forming an M structure, turning to the downside, with the 4hr looking like a tight H&S
Commentaire:
Patiently sat through the false break. Still in the trade after a break below 0.9. Waiting for close on the week to confirm my bias. However still bearish on this one

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.