EURGBP Wyckoff distribution
EURGBP is forming a Wyckoff distribution pattern.
Potential aggressive short entry from here, with 1:6 RRR to the support zone, and 1:11 to the first demand zone after confirmed breakout of the Wyckoff pattern.
Fantastic RRR means even if I get stopped a couple of times on the lower timeframes, and nail 1 good entry, the profit still will be substantial.
Let me know what do you think?
Potential aggressive short entry from here, with 1:6 RRR to the support zone, and 1:11 to the first demand zone after confirmed breakout of the Wyckoff pattern.
Fantastic RRR means even if I get stopped a couple of times on the lower timeframes, and nail 1 good entry, the profit still will be substantial.
Let me know what do you think?
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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.