Short set up on EurGbp

3 thg 6, 2019

After a bull run that lasted 2 months, now may be the time for a correction or a reversal. although I am having conflicting thoughts about this trade. if price goes in my projected direction that would mean a strengthening of the Pound over the Euro which I don't see likely amits this whole Brexit situation.

Would be interesting to see how this plays out for the journal, technical analysis the move is waiting to happen, fundamentally......I don't think so at least.

Risk:
tp1- 2,2:1
tp2- 4:1

set up:
Correction/reversal of a 2-month bullish trend.