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olayinka
Apr 28, 2015 9:02 PM

EURGBP Scenario 2 Short

Euro Fx/British PoundFXCM

Description

HERE WE CAN SEE THE M.A CROSS OVER TO THE DOWNSIDE + A DOUBLE TOP FORMATION AT THE 0.38 FIB.

IF PRICE HAS A CLEAN BREAK + CLOSE BELOW THE C.T.L THEN TARGET 1 IS GOING TO BE AT A DAILY MID RANGE 0.687.

TARGET 2 MAJOR WEEKLY SUPPORT WHICH IS IN CONFLUENCE WITH FIB D1= 0.673
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