EURGBP 4H Chart. Watch for sell.
Hello traders,
EURGBP should drop soon, maybe it's the time to breakdown, so watch the price action right on previous low (0.84700) for a possible break out of corrective structure.Divergence in place
Also breaking down the trendline will give us a big trade so we should hold our short and if we get lucky then we will have a big reward trade.
However, if it finally bounce I will wait to sell near tops.
Take care
EURGBP should drop soon, maybe it's the time to breakdown, so watch the price action right on previous low (0.84700) for a possible break out of corrective structure.Divergence in place
Also breaking down the trendline will give us a big trade so we should hold our short and if we get lucky then we will have a big reward trade.
However, if it finally bounce I will wait to sell near tops.
Take care
Note
Still looking for the drop, it's not ready yet, should wait to complete the correction 
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Publications connexes
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.