The Euro British Pound has a Major Pivot Stack providing resistance to a move up.
Hence, look for the path of least resistance to the downside.
Enter on weakness through 0.8736 and shoot for a profit target at the swing low around 0.8626.
Place the stop loss at 0.8804.
Hence, look for the path of least resistance to the downside.
Enter on weakness through 0.8736 and shoot for a profit target at the swing low around 0.8626.
Place the stop loss at 0.8804.
Trade closed: target 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.
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.