EURGBP : LOOK FOR SHORT OPPORTUNITY AT KEY RESISTANCE
The price has reached the lower channel line and stop its momentum of falling and retraced. Therefore we could look for selling opportunity at resistance levels: 1) 0.76450-0.76534 (FIBO 23.6 and broken support turn resistance 0.76487), and 2) 0.77342-0.77538 (FIBO 50.0, upper channel line, resistance 0.77490).
TRADE IDEA :
LOOK FOR SHORT OPPORTUNITY AT 0.76450-0.76534 (SMALL LOTS)
SL : 0.76750
TP : 0.75665
LOOK FOR SHORT OPPORTUNITY AT 0.77342-0.77538 (NORMAL LOTS)
SL : 0.77900
TP : 0.75665
TRADE IDEA :
LOOK FOR SHORT OPPORTUNITY AT 0.76450-0.76534 (SMALL LOTS)
SL : 0.76750
TP : 0.75665
LOOK FOR SHORT OPPORTUNITY AT 0.77342-0.77538 (NORMAL LOTS)
SL : 0.77900
TP : 0.75665
Trade active
small lot to short this pair, since Brexit issue still playing around
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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.
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.