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FxScientist999

EURGBP SELL OPP READY READY

Short
Euro / British Pound (FX:EURGBP)  
FxScientist999 Updated   
FX:EURGBP   Euro / British Pound
Trend Analysis Trend Lines Fundamental Analysis
3
1
trendanalysis trendline fundamental
I said ready ready for a reason. EURGBP currently retesting off the bottom side of this major structure, I'm setting a sell stop where I have 'Entry'. My only reason for waiting on this trade is to wait and see what the news impact will be on this pair. There are 2 Medium impact news events happening at 12pm & 5pm. Being that the news is medium impact and structure is already telling us what to do, I'll basically wait until this candle closes and then see about getting a good entry. Alternatively another entry option might be waiting until the EURO market opens again tomorrow morning. We could possibly see some consolidation soon since the EURO bank session ends in 8 minutes. Lets see what happens

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Comment:
UPDATE: I missed the entry lol. I'll be waiting until after this news update at 12pm before I make any moves. Can't even be mad, but I missed it so i'll be patient and wait til I get a better entry, instead of hopping in on this large candle
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