TradingView
MrRenev
Jul 9, 2019 12:05 PM

Gravity pattern on EURGBP... Short

Euro Fx/British PoundFXCM

Description

There is the same trade as GBPJPY but with the euro, similar but gives some diversification:


Same as JPY, EUR also went down but not priced in this pair because every one is so bearish on the pound like it is the end of the world and irrationally selling it no matter what.



EURGBP is better because of all this thick selling. Much better than a wick.
Comments
Domsax48
I spotted a similar one today on XPD, closed my long-running long position for profit. Looking forward to shorting this pair.
Bullandbeartrading
Good job, nice. @MrRenev

More