Fxprotrader
Short

EURGBP: Watch For A Sell After Correction

FX:EURGBP   Euro / British Pound
789 views
33
Price has broken below the uptrend it was moving and we should now wait for a correction and watch for a sell setup to complete at the restest of the broken level.

Like and follow for updates..!

Comments

Hi FXprotrader, thank you for the chart! Looks good and makes sense! Could you suggest to me what would be a good sell set up to look out for if the price does PB to around the trendline? IE would you look for a pattern on a lower time frame or Pin bar on the same time frame etc. Thank you for any advice you can give. Kind regards Chris.
Reply
Fxprotrader TraderChris01
Hello Chris.. I personally wait for wave pattern to complete. If you are familiar with candlestick formations (pinabars, engulfings, inside bars etc) you may trade them as well. If you have tested a setup and has worked for you, stick with it and make money with it..! I hope that i helped!
Reply
TraderChris01 Fxprotrader
Great thanks a lot. Very helpful!
Reply
TraderChris01 Fxprotrader
Sorry, just one more thing if thats ok. When you say wave pattern do you mean elliott wave or a technical pattern like double top etc. Many thanks!
Reply
Fxprotrader TraderChris01
Flags, pennants, wedges, triangles etc. Just make sure you follow it's pattern rules on how to trade it...
Reply
TraderChris01 Fxprotrader
Great! Many thanks!!
Reply
Fxprotrader TraderChris01
You are welcome, Chris..! Have a nice day..!
Reply
Thanks FXProtrader.

I was hoping for something like this:
Reply
You are welcome mate, good luck :)
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out