mrrosstrader

EUR/GBP - Short Opportunity

FX:EURGBP   Euro / British Pound
There is a double top formation with a high probability of a downside move. We can also add that there exists a bearish divergence on the RSI and if we see closer, there is a well established resistance on the left side of the double top. For me it is great chance to short. I put the stops 10pips above the wick of the candlestick and my target is just on the close of the previous lower low support.

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