genebautista2014
Short

EUR/GBP: Shorting opportunity spotted.

OANDA:EURGBP   Euro / British Pound
I just saw this potential shorting opportunity.

Scaling back on the daily chart I drew an ascending trendline which was respected twice so thats one confluence check.

Another one is that the trendline bounce zone aligns with a 38.2% retracement level.

I can also see multiple pin bars (if im correct) which is some extra confluences for me to enter this trade.

1 standard lot used.
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