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Euro / Sterlina
Short

EURGBP HEAD AND SHOULDER ADVANCED PATTERN FORMING 4HOUR

Di RiosTrades
Price action in the hourly time frame is showing us that we have a highly probable Head and Shoulder Pattern forming. The way we execute in this Bearish Market, would be to wait for the breakout of support which is our Neckline. Waiting for Bearish Reversal Confirmation at the pullback of previous structure then executing ourselves into the market after the Conditions in this pair give us reason to enter. Risk to Reward is Optimal for this Trading Idea.
breakoutChart PatternseurogbpeuropoundFibonacciforextradingHead and ShouldersTechnical IndicatorsnecklinesupportTrend Analysis
RiosTrades

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