MFF88

Short for a long term

Short
FX:EURGBP   Euro / British Pound
Currently, D1 shows a bearish trend, and W1 shows a possible 'distribution phase. In my opinion, if the price breaks and retraces at 0.89 (i love BRN, though). This will be a good possible entry—TP around 0.85 area (again, BRN).

But this can be initiate if the trend breaks the 0.89 marks. WIll keep updating this area.
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.