EURGBP SELL SETUP

EG is on a downtrend on higher time frames, it has pulled back to previously support, rejected once with a strong 4H engulfing, many hourly engulfing. Very tight stop loss, with a great risk to reward ratio.

Entry: .8850-.8860

SL: .8886

TP 1: .8820
TP 2: .8800
TP 3: .8760
TP 4: .8730
TP 5: .8650 (Swing)
Chart PatternsEUREURGBPeurgbpshortGBPpipssignalTrend AnalysisWave Analysis

Penafian