EURGBP - potential bearish setup (Short)

As per the chart above, there's a potential setup that EURGBP would go short. Bearish divergent on h4 - where price made higher high and MACD made lower high. In addition to the bear flag pattern, suggests that price might go south. Take profit area is the length of the flag pole = % retracement level and potential PRZ (potential reversal zone) - where daily supply was violated.

Thanks for your time.

All the best.

Renee H

Trade chiuso: obiettivo raggiunto