Bearish Rectangle Pattern EURGBP Short

Euro Fx/British PoundFXCM

Description

⋅ Nov 23, 2015 6:08 PM

We mat have a bearish rectangle pattern on EURGBP at 4h chart.

We have to wait until price breaks the bottom of the rectangle. SL will be above rectangle, and targets 1.272 (strong weekly resistance) and 1.618 last down move.

Good Luck to everyone!!