ridethepig
Long

ridethepig | EURGBP Positional Play

FOREXCOM:EURGBP   Euro / British Pound
πŸ“ EURGBP

What are we trading here?

A counter any false conceptions that we will see a Brexit deal. All headlines produce an immediate effect for trading: wait patiently and quiet and justify fades:


Here the static weakness of GBP can clearly be recognised. Any idea of pullbacks into support will be short-lived. These remain our key loading zones with positional swings!

- In this case, Buyers will refuse sellers the freeing breakdown to prevent any cheap entries.


A ruthless strategy from Downing Street to avoid any extension flanks, and try rather to operate under the premise of No-deal. The strongest hands will be rewarded; one should hang on to the bearish UK story as long as possible.

Thanks all for keeping the support coming with likes, charts, comments and as usual keep the feedback coming πŸ‘ or πŸ‘Ž
Trade active
Comment:
Comment:
Comment: A quick update here as we are back to square one after stops held by a few ticks.

Tracking the same targets, same GBP weakness and actively buying any dips.
πŸ“Twitter: https://twitter.com/ridepigs

πŸ“Telegram: https://t.me/ridethepig

Comments

you have great skills, keep it up , and thank you so much
+1 Reply
ridethepig AmerMohamed
Thanks @AmerMohamed, although was jumping the gun too early in this case.
Reply
I have this view
+1 Reply
ridethepig CryptonikLion
Well defined areas of interest ... Tracking the same pullback and expecting a lot of buying interest into 0.90x pivot.
+1 Reply
CryptonikLion ridethepig
@ridethepig, Yes i also looked on Weekly Macd and it starts to show exhaustion momentum for bulls, so a bigger pullback is expected
Reply
Where is stop loss?
Reply
ridethepig kalfaxxx
0.901x/0.900x @kalfaxxx
Reply
kalfaxxx ridethepig
@ridethepig, Thank you
+1 Reply
ridethepig kalfaxxx
@kalfaxxx, Welcome ...with a pinch of luck the stops should hold.
Reply
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