This is a EURGBP short trade from a bear flag on the daily. which has now reached resistance and the emas. The weekly is supportive of a down move as it has corrected nicely to the EMAs after a couple of strong bearish candles. A measured move objective which should get 3:1 RR.
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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.