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Roscoero
Apr 15, 2018 5:43 PM

EUR/GBP Buy-Pullback and Sell-Correction Opportunity  Short

Euro Fx/British PoundFXCM

Description

With price finding support at 0.862, Judging from previous moves, a retracement leg could move price to previous structure giving us a small opportunity to Buy at current price. Next level of importance will be our SELLZONE giving us an opportunity to jump on the Main Bearish trend with maximum rewards. Major structure coming in at 0.618 FIB, will be waiting for short entry signals at or beyond this level.

Trade active

Flight entered to Short Zone (Previous Major Structure). Will look for entry opportunities to jump on a flight to Long Zone.

Trade active

Lower timeframe signal, 15min Double-top reversal potential at previous Major structure

Trade closed: target reached

Trade closed: stop reached

Comments
Roscoero
60min Double-top looking to go Bearish
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