Get started
Euro / British Pound
Short

Descending Trendline Holding | EURGBP Sell

41
EURGBP



Confluences:
1. 0.9 Psychological Resistance.
2. Falling Trendline - 3rd Touch.
3. 61.8% Fib level holding.
4. 50 EMA Resistance on Daily chart.



Setup Invalidation: If price returns and closes above 61.8% fib level.


Entry Signal: Bearish Momentum candle on 1h or 15m.



Are you bullish or bearish?
m_vahhaaj
Also on:
EURGBPFibonacciSELLSupport and ResistanceTrend Lines

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.
EURGBPFibonacciSELLSupport and ResistanceTrend Lines
m_vahhaaj
Also on:

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.