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FXKing009
Jul 17, 2020 5:42 PM

EURGBP / BEARISH Short

Euro Fx/British PoundFXCM

Description

I am waiting for price to close below the support line before I short to the greyed area where price has been rejected before
Once price has then continued to move I will place another short to the next support line

We will need to wait for the pullback upon breakout before placing the trade
Comments
QQGuo-Shane
Hi mate, good analysis. I saw it just had a new high on H1 frame and it looks like the 3rd wave on H1 just started, it may keep going up for a while then turing down. Good luck
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