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TheSignalyst

SHORT EURGBP Short-Term short Idea

Short
Euro / British Pound (FX:EURGBP)  
TheSignalyst  
FX:EURGBP   Euro / British Pound
Trend Analysis Chart Patterns Beyond Technical Analysis EURGBP Technical Analysis short Divergence
1
0
trendanalysis chartpattern beyondta eurgbp technicalanalysis short divergence
EURGBP Short-Term short Idea

waiting for a momentum break below 0.88770 to sell this one

Reason:
1- Regular Bearish Divergence on MACD (in red)
2- Channel (in blue)
3- Rejection zone 0.900 (in green)

Three confluences are enough to consider shorting EURGBP, after a break below 0.88770 (in black)
This analysis is done using RichTL
www.RichTL.com

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