Flea_FX

EURGBP H&S Topping Pattern

Short
FX:EURGBP   Euro / British Pound
Clean H&S appears to be forming, deceleration into right shoulder
Stoch RSI overbought
MACD divergence

Daily 50EMA is possible negative confluence

Keeping a tighter stop rather than protecting behind .875 level to get better R:R before finding likely support around 0.812, 0.8025 & 200EMA.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.