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Euro / British Pound
Short

EURGBP is in downtrend

66
EURGBP is printing LHs and LLs and therefore in downtrend. A short position is planned upon retracement from Fib 38.2% during correction of the ongoing trend. Accordingly TP1 and 2 have been set, as mentioned on the chart with green lines. SL has been placed above previous LH, mentioned with a red line.
UsmanFarouk
Chart PatternsHarmonic PatternsTrend Analysis

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.
Chart PatternsHarmonic PatternsTrend Analysis
UsmanFarouk

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.