Euro / British PoundShort
EURGBP SELL SETUP
EG is on a downtrend on higher time frames, it has pulled back to previously support, rejected once with a strong 4H engulfing, many hourly engulfing. Very tight stop loss, with a great risk to reward ratio.
Entry: .8850-.8860
SL: .8886
TP 1: .8820
TP 2: .8800
TP 3: .8760
TP 4: .8730
TP 5: .8650 (Swing)
Entry: .8850-.8860
SL: .8886
TP 1: .8820
TP 2: .8800
TP 3: .8760
TP 4: .8730
TP 5: .8650 (Swing)
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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.