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swissmoneymakers
Mar 18, 2020 11:08 AM

EURGBP - Strong Uptrend is about to end - Trend Change Short

Euro Fx/British PoundFXCM

Description

Hi Traders!
The market is in a strong uptrend.

As you can see, the market is at the daily resistance which is tested tree times already.

The target is at the 61.8% of the Fibonacci Retracement Level.
This level is very popular and it is used by many traders.

The SL is above the Resistance, but the risk-to-reward ratio is still above 1 to 2.

Entry Point, TP, SL etc. in the red box are shown in the chart.

We recommend to sell the change of the trend.

Thanks and good luck :)!

Comment

The red box in BIG:

Comments
Dave-FX-Hunter
good view
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