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.
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out