Hi guys, just entered EURGBP short, a little risky, not all rules met, but if you look at Candlestick chart, you can see the channel pointing downward, price doesn't succeed to break through Pivot Point after some attempts and ranging, this is a typical distribution phase, and last but not least we have a big demand zone just waiting down... Let's wait and see how it developes...
"Markets are never wrong; opinions are." - Jesse Livermore