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***EURGBP SHORT SET UP***
Euro / British Pound
Short
***EURGBP SHORT SET UP***
By Fiiyat
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Feb 5, 2015
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Feb 5, 2015
I have been shorting this pair for a while now. Since it has been on a downtrend with predictable pullbacks and FIB retracements!
A 4hr Candle just closed testing the Bearish Flag that broke out recently from GBP strength.
This technical analysis has been respecting a weekly structure and is now on course to test the lower Trend Line of this structure.
I am expecting price to test the 0.74 and 0.73 handle. This is where I will be taking profits!
R
breakout
EURGBP
euro
FLAG
pound
retest-structure
Fiiyat
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***EURO SHORT SET UP***
by Fiiyat
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