The EURGBP is set to resume its macro short as a bearish Cypher harmonic pattern has been identified on the 4hr chart. This combined with the current daily bearish channel gives us good confirmation of our analysis
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Shorts are expected to resume once the upper channel resistance has been tested and rejected
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Price is expected to reach the lower support of the channel at 0.86700, while our invalidation zone is set at 0.89436
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Shorts are expected to resume once the upper channel resistance has been tested and rejected
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Price is expected to reach the lower support of the channel at 0.86700, while our invalidation zone is set at 0.89436
Trade attivo
Commento:
Seek to move any stops to break-even at 0.88688
Commento:
Seek to move any stops to break-even if viable
Trade chiuso: obiettivo raggiunto:
Closed with +54 pips