POSSIBLE SHORT ON EURGBP. NFA, DO YOUR OWN ANALYSIS.
This is a pull back play. After an impressive push to the upside, EURGBP is broaching new highs and has shown weakness, thus I'm expecting a pull back from my POI.
Trade closed: target reached
Didn't get a second move into my POI because the first swing already slightly tapped into it. Thought I would see a proper move into the zone and then the pullback from that zone. Still a good play.
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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.