Regarding the previously posted EURGBP trade idea, this video provides an explanation of the thought process behind considering this trade opportunity.
On the 1-hour timeframe for the EURGBP currency pair, the price has broken through the established structure to the downside. We can observe the formation of lower highs and lower lows, indicating a potential bearish trend. The plan is to look for a short entry on a retracement, targeting the previous low levels as indicated by the chart markup. This information is presented for educational purposes only and should not be considered financial advice.
On the 1-hour timeframe for the EURGBP currency pair, the price has broken through the established structure to the downside. We can observe the formation of lower highs and lower lows, indicating a potential bearish trend. The plan is to look for a short entry on a retracement, targeting the previous low levels as indicated by the chart markup. This information is presented for educational purposes only and should not be considered financial advice.
🚀 ENHANCE YOUR TRADING!! 🚀
✅ Join our FREE Telegram for Daily Signals and More Content:
t.me/twa_forex_signals
✅ Linktree:
linktr.ee/tradingwithanthony
✅ Join our FREE Telegram for Daily Signals and More Content:
t.me/twa_forex_signals
✅ Linktree:
linktr.ee/tradingwithanthony