๐ Potential SELL setup for: EUR/GBP
๐ฉ๐ฝโ๐ปTechnical: Taking a look at the EURO, it's shown some weakness recently, unable to break the 0.88650 level despite several attempts. With daily support now broken, and a completed push > exhaustion cycle that also includes a rejection of the MA 200.
๐ฏ For an ideal entry: The price is currently within the channel. You could consider entering now, targeting a decent gain of approximately 20 pips before a potential re-test of the previous bottom. Alternatively, you might prefer to wait for the H1 closure for further confirmation.
๐ฏ For an ideal entry: The price is currently within the channel. You could consider entering now, targeting a decent gain of approximately 20 pips before a potential re-test of the previous bottom. Alternatively, you might prefer to wait for the H1 closure for further confirmation.