TradingView
Signal_Centre
Jan 14, 2020 8:39 AM

EURGBP - Bearish scenario for the cross Short

Euro Fx/British PoundFXCM

Description

EURGBP - Intraday - We look to Sell at 0.8587 (stop at 0.8612)

3 positive daily performances in succession. We have a Gap open at 12/01 from 0.8511 to 0.8527. Intraday, and we are between bespoke support and resistance 0.8508-0.8587. The previous swing high is located at 0.8592.
Our profit targets will be 0.8428 and 0.8400

Resistance: 0.8587 / 0.8592 / 0.8650
Support: 0.8508 / 0.8428 / 0.8392
Comments
salman02
But isn’t the gap closed due to the wicks
Signal_Centre
@salman02, hi there. No, you take it from the open and the close. Close was 0.8511, the lowest it traded since Sunday night is 0.8519
More