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JadFakhry
Aug 11, 2020 3:15 PM

EURGBP bearish idea Short

EURO / BRITISH POUNDICE

Description

reasons to sell if price breaks below the following grey rectangle:
1- divergence on macd ( macd used from the one on mt4 , recoded on pinescript)
2-head and shoulders pattern
3- trendline break ( the break coincides with the head and shoulders neckline)
4- psychological number 0.9 ( break below it)
5-break of support

as you could see here there are more then 5 clues for a sell opportunity on eurgbp.
trigger would be a momentum candles break below the grey rectangle
for more info on the diamonds used on my chart contact me , would be happy to help , cheers.
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