EUR/GBP SHORT
PRO'S
- Recent head&shoulders pattern
- Retest of neckline after head&shoulders pattern (green line)
- recent retest and rejection of monthly trendline (red line)
- bearish MACD divergence
- Stoch RSI signally oversold on monthly chart
Trade fits my trading style to enter short. Targeting 0.74000 for roughly 4% profit, always risking 1%
THOUGHTS ON THIS?
- Recent head&shoulders pattern
- Retest of neckline after head&shoulders pattern (green line)
- recent retest and rejection of monthly trendline (red line)
- bearish MACD divergence
- Stoch RSI signally oversold on monthly chart
Trade fits my trading style to enter short. Targeting 0.74000 for roughly 4% profit, always risking 1%
THOUGHTS ON THIS?
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