Trading EUR/GBP: Short Entry Near 0.85718
EUR/GBPShortSwing3d ago6 views
Trade Setup
Entry Price
0.85718
Stop Loss
0.86098
Take Profit
0.84958
Risk : Reward
1 : 2.00
RiskReward
Technical Analysis
EUR/GBP has formed a strong pennant on the 4-hour chart. Entry near 0.85718 with stop below 0.86098.
Fundamental Context
The macro environment favors short positions on EUR/GBP. Keep an eye on upcoming data releases.
Trade Setup
Risk:reward is 2:1. Stop loss at 0.86098, take profit at 0.84958.
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