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TomProTrader
Nov 6, 2016 1:33 PM

EURGBP: Bear Momentum At Key Action Level, Downside #Forex 

Euro Fx/British PoundFXCM

Description

Traders,

Compelling evening star signal right at the sideways support level, at a lower low. There is clear selling pressure here at the fibonacci extension expiry zone and is clearly indicating this is a hidden level of resistance. More downside to be seen or a retest of sideways support turned resistance then a breakdown. I hope you have a tested trading strategy to trade this move when it starts

Thank you for your support
Comments
ElRanchitoAS
What Kind of Chart is that?
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