Sep 24, 2019
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EURGBP H4 – DOWNTREND CHANNEL OR BREAKOUT RETRACEMENT?

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EURGBP / H4 / Technical Chart

Idea: Uptrend Or Downtrend?
Risk Management: 1 : 2.0 above
Breakeven: Every 35pips move down

Our Choice: (Situasi 1: Breakout Trendline)
LONG / BUY position candle close above
Entry – 0.8847
TP1 – 0.8885

TP2 – 0.8938

Alternative: (Situasi 2: Continue Downtrend)
SHORT / SELL position candle close above
Entry – 0.8813
TP1 – 0.8772

TP2 – 0.8732

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