I am a bear on this pair

EUR/GBP DAILY SHORT

Market is flat and currently at the top of the range,price is moving up at the moment,and this is a bull profit taking zone for the month,therefor as a bear i am eyeing to sell at PSYCH 0.87500 if its breaks then i will consider,selling at 0.88000 as the top of the range..

EUR/GBP H4 SHORT

Market has been bullish since 21 feb and we currently just sow a double top therefor it could be an indication,of a new trend as a bear i was waiting for a LH after seeing the double top,it did happen now i am looking to enter at PSYCH 0.87500, if it breaks i will then consider 0.88000/0.88500 as top of the range ..

EUR/GBP H1 SHORT

Market is flat price is currently moving up and we have and overbought stoch,therefor as bear i want to sell high,i will be at 0,87500/0.8800 for entry..

One thought on “MY EUR/GBP SHORT SETUP 16/03/2017”

  1. Teboho Faro says:

    Great setup man. Id wait for this week COT report to guide me with EUR decisions and how long I should hold EUR trades

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