EURGBP is forming a Wyckoff distribution pattern.
Potential aggressive short entry from here, with 1:6 RRR to the support zone, and 1:11 to the first demand zone after confirmed breakout of the Wyckoff pattern.
Fantastic RRR means even if I get stopped a couple of times on the lower timeframes, and nail 1 good entry, the profit still will be substantial.
Let me know what do you think?
Potential aggressive short entry from here, with 1:6 RRR to the support zone, and 1:11 to the first demand zone after confirmed breakout of the Wyckoff pattern.
Fantastic RRR means even if I get stopped a couple of times on the lower timeframes, and nail 1 good entry, the profit still will be substantial.
Let me know what do you think?