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HarrisonMit
Jul 29, 2018 3:59 PM

EURGBP Re test and Long Long

Euro Fx/British PoundFXCM

Description

Weekly TF:
Bearish pressure rejecting the top of the channel

Daily TF:
Re test of an ascending trend line / top of channel

4hr TF:
Consolidation at support level 0.88850

1hr TF:
Trading above all 3 ema zones. 50ema just crossed the 20 ema

Entry:
Above the high of friday’s close candle

Stops/Targets:
Stops below the last daily swing (below the 200 ema) targets are a 127.2 FIB ext at 0.9000
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