Trend continuation pattern - short
EURGBP is continuing downtrend with strong retest of 0.87 level with a pinbar
Entry on breakout of low of the pinbar
SL high of pinbar
target 0.835
Entry on breakout of low of the pinbar
SL high of pinbar
target 0.835
Note
Took half profit at 0.85. Although the outlook looks better, there is no harm in being cautious. SL moved to 0.865
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.