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EURGBP - Looking For Sell Setups!

Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.

on DAILY: Left Chart
EURGBP is stuck inside a range and currently approaching the upper bound / resistance, so we will be looking for sell setups on lower timeframes.

on H4: Right Chart
EURGBP formed a channel in red but it is not ready to go yet.

🏹Trigger => for the bearish to take over, we need a momentum candle close below the last low in gray.

Meanwhile, until the buy is activated, EURGBP can still trade higher inside the daily resistance zone or even break it higher.

Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

TheSignalyst

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