rjdyerz
Short

EURGBP Double Top Short

FX:EURGBP   Euro / British Pound
The EG seems to have formed a double top on the 4HR chart. I am looking for a break of the single line trend line , then a hook back up and then I will be in the trade. I will be using the fibs as a guide line and my two major previous S/R targets are 0.8545 and 0.84434 but I will be looking to trade this to the bottom of the sideways move.

If you'll check my past EG ideas, I successfully rode the pair down and then up again as they hit each of my S/R targets. It's one of my personal favorites.
Order cancelled: Invalidated due to the GBP fiasco.
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