eurgbp at a point of reversal (min 700 points potential move)
I will look for a buy entry in another megatrade for the whole year.
On a daily chart we may completed a huge wxy, the price as on a couple of instruments with GBP is contracting in an ending diagonal (on the right side).
Potentially, we are very close to a reversal, and this will be my first trade of eurgbp this year.
so far the R/R is astronomic at 35x if we are going to the the higher high on a daily t/f
this entry is with a SL of around 25 pips, that is also amazing
On a daily chart we may completed a huge wxy, the price as on a couple of instruments with GBP is contracting in an ending diagonal (on the right side).
Potentially, we are very close to a reversal, and this will be my first trade of eurgbp this year.
so far the R/R is astronomic at 35x if we are going to the the higher high on a daily t/f
this entry is with a SL of around 25 pips, that is also amazing
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.