EUR/GBP short opportunity
Trend-trading trade
Oscillating down-trend market
50 EMA resistance
+3 true S/R touches
MACD divergence
Phase: Pullback
Market deceleration
More than 1:1 win ratio (TP based on previous swing)
Oscillating down-trend market
50 EMA resistance
+3 true S/R touches
MACD divergence
Phase: Pullback
Market deceleration
More than 1:1 win ratio (TP based on previous swing)
Note
entry point moved to 0.87356Note
bearish 50 ema break & re-test on h1Trade active
Note
sl moved to 0.87747Trade closed: stop reached
Note
Sad, it could have been a nice trade :D
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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.