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EURGBP sell trade idea 09 06 2021

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#OPINIONLEADER# #Signal#

SELL EURGBP 0.8593

SL: 0.8623

TP1: 0.8573

TP2: 0.8553

TP3: 0.8533

Signal Analysis by LCMS Traders 

Currency Pair: EURGBP

SELL EURGBP 0.8593 

Timeframe: H1

Step 1 - Previous News: EUR: Eurozone and German ZEW economic decline in the level of optimism, GBP: -

Step 2 - Trend: Across, Counter Trend

Step 3 - Support/Resistance: Breaking Through Support

Step 4 - Indicators

- Bollinger Bands: within 

- MACD: both down

- Stochastic: H4 heading into over sold

- PSAR: bearish

Step 5 - Upcoming News: EUR: -, GBP: -


EURGBP sell trade idea 09 06 2021



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I think you can put the stop loss @0.8606
FxScotty
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I'll tighten it up as it moves a little bit lower :)

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