EURGBP 4H - Sell Idea...
EURGBP Sell Idea
Very Similar to EURAUD Trade we can see the same price action happening with this pair too.
- One - A key factor on the weekly Timeframe, we are currently rejecting the 200 MA.
- Two - We have swept previous highs and sharply moved price action bearish leaving huge imbalance/FVG behind to be filled.
- Three - Our Fib Levels line up nicely with the imbalance which will get filled before the end of this week I personally believe.
- 0.71% Fib Level for position 1
- 0.79% Fib Level for position 2.
- Target will be the 0% fib levels.
- Stop Loss Covering Previous High Of the Fibonacci level at 100%
Very Similar to EURAUD Trade we can see the same price action happening with this pair too.
- One - A key factor on the weekly Timeframe, we are currently rejecting the 200 MA.
- Two - We have swept previous highs and sharply moved price action bearish leaving huge imbalance/FVG behind to be filled.
- Three - Our Fib Levels line up nicely with the imbalance which will get filled before the end of this week I personally believe.
- 0.71% Fib Level for position 1
- 0.79% Fib Level for position 2.
- Target will be the 0% fib levels.
- Stop Loss Covering Previous High Of the Fibonacci level at 100%
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