EUR/GBP 45m Trendline Break
1. This is a EUR/GBP forex chart from TradingView on the 45-minute timeframe.
2. A rising trendline was broken, leading to a bearish move.
3. A short trade setup is marked, with a stop-loss in the red zone and take-profit in the green zone.
4. The price has retested the broken trendline and continued downward.
5. Volume bars at the bottom indicate trading activity, with a noticeable increase in selling pressure.
#EUR/GBP #eur/gbp #trendline #breakout
2. A rising trendline was broken, leading to a bearish move.
3. A short trade setup is marked, with a stop-loss in the red zone and take-profit in the green zone.
4. The price has retested the broken trendline and continued downward.
5. Volume bars at the bottom indicate trading activity, with a noticeable increase in selling pressure.
#EUR/GBP #eur/gbp #trendline #breakout
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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.
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.