SmartTradingFX
Short

EURGBP: Potential Structure Based Short Opportunity

FX:EURGBP   Euro Fx/British Pound
262 2 7
Analysis on chart!

Price into previous structure zone where Harmonic Legs complete, 2x 1.414 Fib Extensions, 1x Fib Inversion, Overbought on the RSI 1H and pressing Overbought on the RSI 4H...

A long wicked candle to the upside maybe suggesting selling pressure in this zone...

Two potential targets offer a good Risk Reward Ratio...

Any likes, comments and or constructive feedback are welcome as always your support means alot!

SMART TRADING
Mikoxl. PRO
a year ago
Good catch :-)
+1 Reply
SmartTradingFX Mikoxl.
a year ago
Thank you sir! Glad you liked it
Reply
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