๐ Potential SELL setup for: EUR/GBP
๐ฉ๐ฝโ๐ปTechnical: The price is attempting to break below the MA 20 on the weekly chart, and the daily MA 100 has already been broken below. Strong support at 0.87379, so a break below would be significant for sellers.
๐ฏ For an ideal entry: I would suggest to wait for the price to break the support, maybe a push > exhaustion to confirm bearish bias, and aim to enter on a closure of any strong candlestick formation, otherwise no entry.
๐ฏ For an ideal entry: I would suggest to wait for the price to break the support, maybe a push > exhaustion to confirm bearish bias, and aim to enter on a closure of any strong candlestick formation, otherwise no entry.