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EURGBP: Resisted by Waning Momentum

업데이트됨

Timeframe: H4
Direction: Short

Confluences for Trade:
- Waning strength in bullish rally
- Price at Horizontal Resistance
- Likely to Breaking S/T Trendline
- Stochastic Overbought momentum
- Fundamentally, both nations have internal issues that have yet to be solved, it really depends on timing on the events release; do note that EU will comment on Italy's budget tomorrow

Suggested Trade:
Entry @ Area of Interest 0.8890 - 0.8930
SL: 0.8969
TP: 0.8767
RR: Approx. 2.16 (Depending on Entry Level)

May the pips move in our favor! Good luck! :D

*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.

액티브 트레이드

노트

Lock in half profits and move SL to BE.

Run remaining position totally risk free.

거래청산: 스탑 닿음

Clsoed at BE levels. Nothing risked.

weekendanalyst

Disclaimer: The personal opinion above does not constitute as an investment advice. Any decisions taken based on the above opinion is purely at your own risks. DYOR.

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