In this 2nd analysis, EUR/GBP still bearish in H1 timeframe. But if you watch the 45 minutes timeframe, you can to see that it's more bearish. But this it's a good opportunity to short EUR/GBP now.
Trade Information:
1) Entry Price: £0.8814 GBP
2) Target Profit: £0.8836 GBP (21 pips)
3) Stop Loss: £0.8764 GBP (50 pips)
4) Risk/Benefit: 1:2
Good luck!!!
Trade Information:
1) Entry Price: £0.8814 GBP
2) Target Profit: £0.8836 GBP (21 pips)
3) Stop Loss: £0.8764 GBP (50 pips)
4) Risk/Benefit: 1:2
Good luck!!!
Note
EUR/GBP formed a bearish Gartley Harmonic Pattern in this analysis, what we can to short them.
I re-entry in £0.8836 GBP, Stop Loss in £0.8882 GBP and take profit in £0.8750 GBP.
Good luck!!!
Change to short and I closed long now!!!
Note
If in less of 50 minutes, we closed up in H4 with a bearish signal, we're very sure that Euro will drop them.
Note
We're in the best zone to short!!! If you dont entry yet, you can to entry now, as we see recently that EUR/GBP forming a bearish candlestick signal, and there're not any bullish indication here.
Good luck if you entry in the smart zone.
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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.
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.