TradingView
Charts247TradingAcademy
Aug 20, 2021 12:41 PM

EURGBP Downside Potential Short

EUR/GBPOANDA

Description

The Daily Chart: the last action is a LL, the price has retraced into the SELL-ZONE with strong momentum.
4HR has printed a Strong Top weak bottom candle which is a very strong bearish signal.
5Mins Setup a potential structural Failure (Trend Changing Pattern) below 0.8567.
Stop Loss is the High of Today 0.8582
Target 0.8505

Trade active

More