TheSocialTraders

The Social Traders | EURGBP - Long

Long
OANDA:EURGBP   Euro / British Pound
Hi Everyone welcome to our first post by The Social Traders, on this trade we're looking to trade the right shoulder of this 'inverse head and shoulders' pattern forming, within this region price action will be lining up with the 61.8% fibonacci level as well as having the 4hr 50EMA as support. Having had the heavy impulse up this morning we are simply looking to trade the pullback ready for another move higher. Let us know you thoughts.