TiborVrbovsky

EUR/GBP Short head and shoulders setup

Short
TiborVrbovsky Updated   
FX:EURGBP   Euro / British Pound
Hey! After I have managed to successfully longed EUR/GBP, I am back with another EUR/GBP setup.


So as I expected, the price has come to retest resistance area and this has created a head and shoulders, trend changing pattern.

This pair is very likely going to go up and down between resistance and support range so this is a opportunity for more than one trade, both long and short.

Short Entry
0.90600 - 0.90720
Take profit ( 32 to 61 pips)
0.90190 - 0.90280

Good luck with trading!

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Trade active
Trade closed: target reached:
Take profit was hit +48 pips.

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