letmebefree

Short EURGPB from H4 supply to resume trend down to prior low

Short
OANDA:EURGBP   Euro / British Pound
In the context of an overall downtrend on the daily chart, EURGBP is currently retracing upwards towards an H4 supply zone where I expect it to resume the downward trend. Look to enter at the edge of the zone (stop just above( and target the bottom of the current range (red lines mark range boundaries)
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.