I hope you guys enjoyed my first confirmation for this trade. In this chart, we are looking to go into a few Key Levels.
The Price has already broken the first layer of price at 1.9000 with a Large Engulfing Candle on the Weekly. There's strong momentum to the downside, but as always, there will be Pullbacks here
and there. So set your Stop Loss comfortably. Let the trade breathe.
The other GBP Pairs are also dropping or have Sell Signal Confirmations (Head & Shoulders, Bearing Engulfing). So do use those pairs to confirm your entry as well.
As for me i will be holding it till 1.82500 before removing all my positions.
Good luck to you all.
Stay tuned for more updates.
The Price has already broken the first layer of price at 1.9000 with a Large Engulfing Candle on the Weekly. There's strong momentum to the downside, but as always, there will be Pullbacks here
and there. So set your Stop Loss comfortably. Let the trade breathe.
The other GBP Pairs are also dropping or have Sell Signal Confirmations (Head & Shoulders, Bearing Engulfing). So do use those pairs to confirm your entry as well.
As for me i will be holding it till 1.82500 before removing all my positions.
Good luck to you all.
Stay tuned for more updates.