$EURGBP SELL D1 ON 50SMA AND 0.74 KEY RESISTANCE.
ENTERED SELL EURGBP @ MARKET.
BEARISH TRADE BASED ON THESE CRITERIA:
D1 PRICE CUT 50SMA BUT CLOSED BELOW IT
H4 BEARISH DIVERGENCE. PRICE MAKING HIGHER HIGH WHILE RSI MOVES DOWNWARDS SLIGHTLY
NEARING 0.74 KEY RESISTANCE
D1 PRICE SLOWING DOWN AS IT IS APPROACHING 0.74
LASTLY, I FEEL EURGBP IS OVEREXTENDED. EUR IS AFTERALL NOT DOING WELL FUNDAMENTALLY.
TRADE INVALID IF PRICE CLOSED ABOVE 0.74 ON THE D1.
BEARISH TRADE BASED ON THESE CRITERIA:
D1 PRICE CUT 50SMA BUT CLOSED BELOW IT
H4 BEARISH DIVERGENCE. PRICE MAKING HIGHER HIGH WHILE RSI MOVES DOWNWARDS SLIGHTLY
NEARING 0.74 KEY RESISTANCE
D1 PRICE SLOWING DOWN AS IT IS APPROACHING 0.74
LASTLY, I FEEL EURGBP IS OVEREXTENDED. EUR IS AFTERALL NOT DOING WELL FUNDAMENTALLY.
TRADE INVALID IF PRICE CLOSED ABOVE 0.74 ON THE D1.
