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go8686
Sep 2, 2019 11:52 AM

GBPEUR Potential Short  Short

BRITISH POUND / EUROICE

Description

Symbol: GBPEUR
Timeframe: 1H
Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern

Signals:
Short Timeframes: 1H: Lime -> Yellow
Long Timeframes Context: Light Red
Other Signal: Head & Shoulder, Rejected by Structure Resistance

SETUP: Wait & Short Bearish Breakout

SL @ 1.10851
T1 @ 1.0871
T2 @ 1.0821

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DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions, carefully assess risks and be responsible for your own investing and trading Activities.


Trade closed: stop reached

Yellow -> Red -> Green
Correction got support above TP1.
Comments
ICEKI
Very detailed analysis thank you go8686
go8686
@ICEKI, Thanks a lot.
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