bobclub39trade

EURGBP - SHORT - BASIC SUPPORT & RESISTANCE ANALYSIS

Kort
bobclub39trade Uppdaterad   
FX:EURGBP   Euro/Brittiska pund
EURGBP - SHORT - BASIC SUPPORT & RESISTANCE ANALYSIS

In this chart, im looking from 3 perspective.
1) Supply & Demand
2) Trend
3) Significant S&R Level.

SL - 20 PIP
TP : RR / 60

#TAYOR

My main indication is the H4 Double top has been consume at price 0.86764. Which make the movement is bearish .
From that point of view, the price respected the trend point of view. Then price doing engulfing movement which i circle in the picture.
So my point of view, it's relevant to take short at PRICE : 0.85986 as its the only price that near fresh base and significant resistance level .

#EURGBP
Trade stängt: målet nått:
The price did follow our target, and we TP early. Hip hip Horayy ! :)

Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.