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Malika_Analysis
Jun 7, 2020 8:24 PM

FURTHER SELLING POTENTIAL ON EURGBP 4HR Short

Euro Fx/British PoundFXCM

Description

Price is currently showing minor bullish momentum in the form of a retracement. We may see price re-test our entry point before advancing lower to our target levels. Entry, Stop loss and take profit levels have been marked.

Should price move in our favour, you should be looking to scale out the majority of your position at TP1 , move the stop loss of your remaining position into profit and let it run. Or close completely at TP1
Comments
InkyGrip
Nice analysis
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