EURGBP 1:2RR Short swing scalp
Price has grabbed liquidity at near equal highs.
Broke the upwards trendline and going into retracement. Fib 100% extension of impulse move to next liquidity support.
May target beyond equal lows but conservatively we can take profit at the equal lows for a 1:2 risk reward
Short : 0.87171
SL : 0.87278
TP: 0.86965
Broke the upwards trendline and going into retracement. Fib 100% extension of impulse move to next liquidity support.
May target beyond equal lows but conservatively we can take profit at the equal lows for a 1:2 risk reward
Short : 0.87171
SL : 0.87278
TP: 0.86965
Note
May take partials and move SL to BE
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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.