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Reiss_Amara
Feb 28, 2018 7:20 PM

EURGBP LONG Long

Euro / British PoundFOREX.com

Description

Left side
- Huge incomplete head & shoulders pattern. Price is heading to neckline
- Break of pink head & shoulders neckline
- MACD beginning higher highs + lows sequence
- 61.8 Bat target passed so price is heading to 127.2 target

Right side
- Pullback of impulse leg on DAILY chart seems to be reversing to continue bullish trend
- Pullback reached 61.8 and has now moved up to sit at 50
- Confirmation of bullish continuation will be on break of wedge
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