[EURGBP] 05.29.2020

49
Already had a buy trade earlier today. Closed @ +30 pips. Next week we may be at the start of a sell trend, given the close below Box A.

Price has already retested the bottom of Box A so the optimal trade entry for a sell has been missed. However, if this is the genesis of a sell trend, there should be other opportunities. No need to FOMO in. This could also just be a correction to trend higher.

No setup, no trade.

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.