EURGBP completed Maximum requirements here at 0.7600 approximately & I am looking for Trend Reversal Soon like emoticon
Yeah No doubt its not easy to go against trend But we will try to enter safe with care and also secure way too by shift stop to entry quick.
At this time I am looking for Reverse waves formation wave 1 and wave 2 specially I am trying to figure out wave 2.
The break below 7520 will push us to believe that a reversal pattern is establishing and wave 3 is unfolding as impulsive.
A break above 0.7600 again into fresh High will hurt our this strategy and invalidate our set up Calls but Top is near.
Trading recommendations :
As far as 0.7610 safe : We will look to sell near 7518 stop been at 7580 and target will set at 7430. Able to shift stop quick down &will secure stop on news at even.
Yeah No doubt its not easy to go against trend But we will try to enter safe with care and also secure way too by shift stop to entry quick.
At this time I am looking for Reverse waves formation wave 1 and wave 2 specially I am trying to figure out wave 2.
The break below 7520 will push us to believe that a reversal pattern is establishing and wave 3 is unfolding as impulsive.
A break above 0.7600 again into fresh High will hurt our this strategy and invalidate our set up Calls but Top is near.
Trading recommendations :
As far as 0.7610 safe : We will look to sell near 7518 stop been at 7580 and target will set at 7430. Able to shift stop quick down &will secure stop on news at even.