The curve has been broken and re-tested successfully.
Looks like we have a H&S pattern as well.
I am taking advantage of today's GBP strength to sell the pair.
The current channel has been broken as well.
I am targeting the 50% fib as T1 and 61.8% as T2.
Trade at your own risk.
Looks like we have a H&S pattern as well.
I am taking advantage of today's GBP strength to sell the pair.
The current channel has been broken as well.
I am targeting the 50% fib as T1 and 61.8% as T2.
Trade at your own risk.
Note
Added to my shorts @ 0.89670Note
Forgot how boring this pair could be sometimes :-)Note
Zoom on M15Note
I will not go for T2 on this pair. T1: 0.89320 will be my only target
Note
Note
Finally some action? Note
Re-testing the curve and the channel
Forgot how EUR/GBP is just a nightmare to trade for intraday traders 😅
Note
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Related publications
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.