X5

EUR/GBP - H1 - Short position in play, but uptrend remains

Short
X5 Updated   
FX:EURGBP   Euro / British Pound
Pair remains uptrend, but it seems that a retracement will occur in the next hours. So it could be a good opportunity to trade short and long positions.

Bear divergence (double top) and reversal bar pattern present, so the trade is already active (Really small risk)
Comment:
Short position finished, and now going long (got bull divergence and reversal bar pattern on a bullish 5-0 formation.

Entry at 0.7764
SL: 0.7742
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.