EURGBP IDEA
Updated
- The price failed to make a clear impulse to the upside, which means this channel of correction is still valid
- the lower time frame (1h) is making an impulse to the downside.
- wait for a break on the channel on the lower timeframe and observe the 15m for entries.
- use sell stops for entry and don't forget to place stop loss in case the analysis is wrong.
- may 13 2022
- the lower time frame (1h) is making an impulse to the downside.
- wait for a break on the channel on the lower timeframe and observe the 15m for entries.
- use sell stops for entry and don't forget to place stop loss in case the analysis is wrong.
- may 13 2022
Comment
- the 1h channel was finally broken, heading to the downside- observe the 15m for a possible continuation channel to be formed.
- enter sell stop on the break of the channel in the 15m chart
- Don't forget to PLACE A STOP LOSS on the trade you might take.
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.