EURGBP Sell Idea
H4 - Price is near the top of the range. If we get one more push up to the top of the range, we can start looking for sells from there.
Conservative Approach:
Wait for the price to reach the top of the range and the. Once we get a bearish reversal from the top. Look for a break below the most recent trend line and low.
Then wait for a correction to happen in the form of double wave up and go short with the breakout of the most recent trend line.
Invalidation: If we get a break and hold above the range, then most likely we will see the price pushing higher for double waves correction.
Conservative Approach:
Wait for the price to reach the top of the range and the. Once we get a bearish reversal from the top. Look for a break below the most recent trend line and low.
Then wait for a correction to happen in the form of double wave up and go short with the breakout of the most recent trend line.
Invalidation: If we get a break and hold above the range, then most likely we will see the price pushing higher for double waves correction.
כתב ויתור
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