My EUR/GBP vision on the 30 minute timeframe
Waiting for the EUR/GBP to break the green trend line downwards. If that happens, I'll open a new short position.
On the other hand, it looks very plausible that price first wants to do a big stop loss hunt at the previous 0.8970 - 0.8980 top. When this happens I first want to see how price action develops (will there be a break-out, or a fake break-out?) before deciding to open a new position.
On the other hand, it looks very plausible that price first wants to do a big stop loss hunt at the previous 0.8970 - 0.8980 top. When this happens I first want to see how price action develops (will there be a break-out, or a fake break-out?) before deciding to open a new position.
Trade active:
Short we go!