Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on DAILY: Left Chart
EURGBP is stuck inside a range and currently approaching the upper bound / resistance, so we will be looking for sell setups on lower timeframes.
on H4: Right Chart
EURGBP formed a channel in red but it is not ready to go yet.
🏹Trigger => for the bearish to take over, we need a momentum candle close below the last low in gray.
Meanwhile, until the buy is activated, EURGBP can still trade higher inside the daily resistance zone or even break it higher.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
on DAILY: Left Chart
EURGBP is stuck inside a range and currently approaching the upper bound / resistance, so we will be looking for sell setups on lower timeframes.
on H4: Right Chart
EURGBP formed a channel in red but it is not ready to go yet.
🏹Trigger => for the bearish to take over, we need a momentum candle close below the last low in gray.
Meanwhile, until the buy is activated, EURGBP can still trade higher inside the daily resistance zone or even break it higher.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
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.
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
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.