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CollegeDropOutTRADER
Jun 8, 2020 5:58 AM

EUR/GBP High Probability Short Trade with Risk and Reward 1:4.6 Short

FX:EURGBP240
Euro Fx/British PoundFXCM

Description

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Market Structure: Bearish (Failed to make higher high)
Momentum: Strong Bearish momentum
Chart pattern: Perfect Head and Shoulders
Candlesticks confirmations: Bearish engulfing and doji on H1 timeframe
RR: 1:4.65

Trend AnalysisChart PatternsWave AnalysiseurgbpshortEURGBPshortpriceactionanalysisBearish EngulfingDojiGBPEUR
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