EUR/GBP Long-Term Trend: Bearish
Key Resistance Levels: 0.85886, 0.86094, 0.86330.
Key Support Levels: 0.85503, 0.85060, 0.84723.
Daily Chart:
The price on the higher time frame failed to break the daily resistance showing that the sellers are weak where a fake breakout has been posted a long with a bearish engulfing pattern. The market reversed and it is traded lower where we expect further movement to the downside.
EUR/GBP Medium-Term Trend: Bearish
1-Hour Chart:
On the lower time frame, the price has posted a bearish head and shoulders above the daily resistance around the 0.85886 GBP mark and was pushed to the downside. we are expecting a higher correction to the highlighted zone before a new move to the downside.
Signal Idea:
Sell Limit Order @ 0.85721
TP 1 @ 0.85508
TP 2 @ 0.85060
Stop Loss @ 0.85827
Trade Safely 🙂
Don’t forget to report your SL!
Andrew, we report all wins and all losses. Please show some respect.
Look back through the channel’s history, everything is reported.
Awesome trades proud to be part of it
Hi. I am new to the trading world. My signals I pay for normal have a SL and TP clearly stated. These signals are not as clearly stated. Everytime I place any orders it states invalid. Please could you help me understand what the SL and TP is when you guys send the signal and how to know if its a buy or sell. I understand it is stated but because It doesn’t let me place the order I just want to make sure its the right way
Thank you
Make sure you are putting the pending order correctly. Watch this here: https://youtu.be/oN6R0RGuAsE