eurgbp on lower tf is in a correctional structure for a reversal and zooming out we have completed an abcd on dailies. this gives us a great setup for a sell with tp1 at 38.2 being over 500 pips away! if we enter correctly we can have a less than 100 pip sl and get about 600 pips off tp1 and 1000+ pips off tp2.
check lower tf for your entry.
sell eurgbp setup
- ABCD
- correctional structure that will break bearish
- RSI divergence
entry: to be determined
sl: tbd
tp1: 0.80573
tp2: 0.76464
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*liability disclaimer*: all the trade setups i publish are my personal view of the markets and or my personal trading plan. if you plan on using my setups as trading signals then do your own research. you are responsible for managing your entries, exits, profits and losses.
check lower tf for your entry.
sell eurgbp setup
- ABCD
- correctional structure that will break bearish
- RSI divergence
entry: to be determined
sl: tbd
tp1: 0.80573
tp2: 0.76464
-------------------------------------------------------------------------------------------------------------------------------------------------------------
*liability disclaimer*: all the trade setups i publish are my personal view of the markets and or my personal trading plan. if you plan on using my setups as trading signals then do your own research. you are responsible for managing your entries, exits, profits and losses.
Comment:
structure moving exactly as plotted. wait for next impulse, then sell
Comment:
alower tf flags can be sold if market corrects at the bottom of this channel
David K Giraldo
