glennmercer
Short

EURGBP Short - EW, WW, Ending Diagonal, Divergence, S/R, Pivots

FX:EURGBP   Euro Fx/British Pound
EURGBP             is completing a possible ending diagonal in a critical S/R zone. Entry below support provides a substantial R/R with possible profit targets at the wolf wave profit line and at the .5 fib which coincides with wave ((iv)) price territory. Bearish Knoxville divergence combined with two unhit daily pivots will likely drag the pair down from current levels.
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