EURGBP

Good Luck

#EURGBP / Daily

Sold at 0.8872 target open

I could be wrong but I believe we may be headed to .8800 - .8900 area

possible this week if a no-deal Brexit is less likely

EURGBP looks like have find some support and a move up to 0.86 could be possible.

EURGBP 4h has been trending in the downward direction (blue channel trend-lines)
In such conditions, placing shorts having more odds to bring profits. Especially, if you open short around the top resistance line.
Let's switch to a faster Timeframe in order to get confirmation and accurate low-risk setup.



1) If this high-volume represent the real strength activity, why did price reverse down then? The AB down-move confirms
2) C - is the minor high, the maximum of 26/Nov session. Study the activity. It was a big activity without progress above 0.857. Note, rally stalled in the zone of Fibo Levels. So, this is typical for the culmination of upward correction.
3) SLKT at the opening of the London session. Increase in volume, penetration of previous day's high and reversing down. This is a setup for shorting.

What is next?
Follow my thread

Good Head & Shoulders setup for me.
Short to my target & tight SL behind RS

Short off a spike up into Supply Area.

Hey guys, I have EURGBP on Sell at 0.85272 since yesterday. Should I let it go now to prevent more losses or do you think I can wait it out?
Thank you

Long on 15min

5 min buy

Hit TP @ .899 on friday, RR around 1:14, maybe should've let it run another month or two, but ... we'll see! : )
Interesting times to trade currencies for sure!

I had this idea on EURGBP.

sell off. Now Buy on.

:-)