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TylerTrades

EURGBP_Position Short

Short
Euro / British Pound (FX:EURGBP)  
TylerTrades  
FX:EURGBP   Euro / British Pound
Support and Resistance Supply and Demand Multiple Time Frame Analysis
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supportandresistance supplyanddemand mtfa
Current trend on the weekly is down and momentum is down. As such, short trades on the daily can be taken.

From the charts, we have prices trading within a channel and potential stops have been identified on the daily time frame. Should prices rally to the top of the channel, triggering the stops, shorts can be taken at the daily supply.
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