EURGBP - False Breakout & Continuation (⏬ Short)
Hi Traders
I think I have spotted a false breakout on EURGBP. Therefor I am expecting further continuation to the downside. This trade comes with a very attractive 1:3 RR.
From this point I am awaiting a clear push below the support zone. If this happens I will sell on the re-test of the zone. Stop Loss goes to breakeven once price hits 1R.
Let me know what you think in the comments below Good luck guys!
I think I have spotted a false breakout on EURGBP. Therefor I am expecting further continuation to the downside. This trade comes with a very attractive 1:3 RR.
From this point I am awaiting a clear push below the support zone. If this happens I will sell on the re-test of the zone. Stop Loss goes to breakeven once price hits 1R.
Let me know what you think in the comments below Good luck guys!