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ForexChicken
Dec 27, 2022 2:32 PM

EUR/GBP: Sell Set-up Short

Euro / British PoundFOREX.com

Description

Possible bearish scenario for sell entry.

RSI divergence on the 4H TF.
Rising wedge pattern formed.
Price is rejected at the same area since mid October.

2 scenarios for entry.
1.) On the next bearish 4H candle.
2.) Break-out of wedge pattern.

Target last level of support.

Invalid trade if HigherHigh is formed.
Comments
JoeChampion
Great work, keep it up!
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