Euro Fx/Bảng Anh
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EUR/GBP Short

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1 Month

Monthly key level has been tested a few times, showing a lot of rejection.

1 Week

bulling engulfing at the same Monthly support level .

1 Day

Lower highs have been formed and also rejection of the trend line .

4 Hour

I have previously traded on this pair but got hit by news event which stopped me out. This time the market has formed a shooting star at fib line 78.60% indicating a reversal to carry on the down trend.
i have placed my stop loss a lot higher this time around to compensate for the next news event today at 1800.
Ghi chú
Take Profit moved to 0.84524 for 117 Pips Profit.

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