DA-WaveTrader

EURGBP Sell Setup

Short
FX:EURGBP   Euro / British Pound
EURGBP Sell Setup

- look sell setup above the current structure
- track the price action to refine entry level for better risk reward
- first target at range level 0.86500
- then aim for previous weeks low at range level 0.86000 or below 0.85800
Comment:
Took partial profit
Comment:
GBP news coming in next few hours
Expect big move coming
Will try to catch some additional trade if setup given
Comment:
Try move SL to secure your profit when news release
Incase EG spike up to clear the high before falling
Comment:
If you are still holding the sell
now aim for target to break previous weeks low 0.86000 and below
Comment:
refer new post for latest EURGBP sell setup

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.