A SHORT OPPORTUNITY HERE ON EURGBP, FROM A WEEKLY PERSPECTIVE IT LOOKS LIKE THE BIAS IS VERY BEARISH AND THIS IS THE BEST POINT FOR AN ENTRY THAT I HAVE IDENTIFIED ON A SMALL TIMEFRAME. THIS HAS FANTASTIC RR AND HAS A LOT OF CONFLUENCES SUPPORTING THIS MOVE. LETS SEE WHAT HAPPENS.
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INVERTED HAMMER ON 1HR, CONSOLIDATING AROUND REVERSAL AREA FOR A FEW CANDLES.
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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.