Eurgbpshort
Trade Analysis - EUR/GBP - ShortPrice pushed to our key area, and held below. We then saw price create lower lows and lower highs indicating the pair is moving in a downtrend.We are now ranging between support and resistance levels. I would like to see price move closer to our trend line, and give us clear rejections before entering a short position.
EURGBP Short Very simple strategy.
Retesting the resistance very clearly as seen above.
As we can see al the other levels are being tested almost perfect, and although I use the 200 EMA most of the time for 4h and swing trades, look at it''s position right now on the 1H
My SL: 0.90410 ( slightly above the wicks )
1st TP: around 0.89900
2nd TP: around 0.84300
Trade safe!
EURGBP BearishEURGBP seems bearish at the moment,
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