Hi all,
On the EURGBP we can see that price tried to break through the recent highs of 0.785, but instead, price has made a candle with a high wick. This indicates a bearish move.
We can also see some divergence on the hourly RSI.
Entry: 0.78475
Stop: 0.787
Target 1: 0.78075
Target 2 0.7774
Best of luck!
On the EURGBP we can see that price tried to break through the recent highs of 0.785, but instead, price has made a candle with a high wick. This indicates a bearish move.
We can also see some divergence on the hourly RSI.
Entry: 0.78475
Stop: 0.787
Target 1: 0.78075
Target 2 0.7774
Best of luck!
Trade active
Trade closed: stop reached
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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.
Related publications
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.