Euro / British PoundShort
EUR/GBP SELL
On a weekly chart, there is a massive rejection of the Weekly Key Level of 0.90000 showing potential move to the downside. Also the weekly candle formed engulfed the previous 3 candles too showing more reason for a setup of a SELL.
On a daily chart, the previous candle has a long wick to the upside which is a confirmation candle of a SELL.
Wait for confirmation --> SELL
On a daily chart, the previous candle has a long wick to the upside which is a confirmation candle of a SELL.
Wait for confirmation --> SELL
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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.