trutt79

(OP) A downtrending short opportunity

Short
trutt79 Updated   
OANDA:EURGBP   Euro / British Pound
I am now aiming to short the EurGBP as a fresh down channel has now formed.
So, what i'd be looking at is a pullback to the previous structure, marked in red.
Aggressive entry will be to queue limit to short and set stop loss to above red zone.
Defensive entry you can look to 1 hour chart to watch for reversals. "Lower high, lower candles"
Comment:
Opps haha no chance at all

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.