Euro / Paun British
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EURGBP - Bearish Reversal

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Hello traders
EURGBP has been slowly grinding up since 9 January with there being a trendline holding this slight uptrend. But it broke out of the trendline last week and it retested it. The ideal entry would have been on the retest but let's hope this 4H fvg gets filled then price goes down.

Furthermore, the rsi has been making lower lows while price was making higher highs showing bearishness. Add to this that this setup is forming on a daily resistance zone as per the chart.



Pesanan dibatalkan
Unfortunately price came two pips short off our entry then reached tp.
Hopefully next week, we will have some winning trades

Penafian

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