Hey Rich Friends,
EURGBP might provide some great bearish/selling opportunities this week. Here is what I am looking at:
- Prior rejections in this area (red rectangle)
- Candles below 200 EMA
- 200 EMA preparing to cross 50 EMA on the Weekly time frame
-MOM is negative
- STOCH below 50
- GBP news on Tuesday, Wednesday, and Thursday
Market Execution Or Sell Limit At 0.86000 Or Higher
SL: 0.86400 or Higher (40 PIPS)
TP 1: 0.85600 (40 pips) 1:1RR
TP 2: 0.85400 (60 pips) 1:1.5RR
TP 3: 0.85200 (80 pips) 1:2RR
Result:
Pending
Please Do Your Own Analysis And Use Proper Risk Management. If You Choose Market Execution, Adjust Your Tp And Sl To Your Actual Entry.
- Peace and Profits, Cha
EURGBP might provide some great bearish/selling opportunities this week. Here is what I am looking at:
- Prior rejections in this area (red rectangle)
- Candles below 200 EMA
- 200 EMA preparing to cross 50 EMA on the Weekly time frame
-MOM is negative
- STOCH below 50
- GBP news on Tuesday, Wednesday, and Thursday
Market Execution Or Sell Limit At 0.86000 Or Higher
SL: 0.86400 or Higher (40 PIPS)
TP 1: 0.85600 (40 pips) 1:1RR
TP 2: 0.85400 (60 pips) 1:1.5RR
TP 3: 0.85200 (80 pips) 1:2RR
Result:
Pending
Please Do Your Own Analysis And Use Proper Risk Management. If You Choose Market Execution, Adjust Your Tp And Sl To Your Actual Entry.
- Peace and Profits, Cha
Trade active
sell limit triggered at 0.86000Note
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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.
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.