EURGBP Short - Structure TradeEURGBP price action has hit its highest level since 2013 and now is going through a significant retracement. Would be looking for a retracement ideally to the 886 level where price action has found support previously. But also watching for any reasons for entry at the 786 level.
Strcuture
EURGBP ( CYPHER + STRUCTURE) ( Spreadsheet attached )Hey traders! After the loss in EG I have decided to hit long with this cypher, a more like revenge trade. Price action resting on previously structure support zone and respect and closed above and also broke the channel. RSI is extremely oversold and I am expecting a small rally from there, putting my stops @ 1.13 and targets are given on the screen.
Look at the Jan trades I have given in a spreadsheet.
gyazo.com