Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on H4: Left Chart
EURGBP is over bearish trading inside the falling channel in blue. So we will be looking for trend-following sell setups on lower timeframes.
on M30: Right Chart
🏹 Trigger => for the bears to take over, we need a momentum candle close below the last swing low in gray.
Meanwhile, until the sell is activated, EURGBP can still trade higher.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
on H4: Left Chart
EURGBP is over bearish trading inside the falling channel in blue. So we will be looking for trend-following sell setups on lower timeframes.
on M30: Right Chart
🏹 Trigger => for the bears to take over, we need a momentum candle close below the last swing low in gray.
Meanwhile, until the sell is activated, EURGBP can still trade higher.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
This analysis is done using RichTL
www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
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www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal