Looks like a bearish bat harmonic is forming on FX:EURGBP. Possible targets are 0.382 w/ RR 1:1, 0.618 w/ RR 1:2 and 0.786 w/ RR 1:2.8. 0.786 retracment is right above last weeks S1 pivot. As it's a trend continuation trade further targets could be possible.
Comment
⋅
Price action is coming to it's final formation. Watch this closely for short opportunity.
Comment
⋅
Formation almost setup. I'm watching closely and checking for signals to enter market once the PRZ is tested.