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VaidoVeek
May 8, 2019 10:56 AM

EURGBP - Strong Area - SELL Short

Euro / British PoundFOREX.com

Description

Wait for a bearish price action from the current blue box (bearish candlestick pattern, etc.)

- 2018 Low
- 2019 January low
- Daily EMA 50
- 4H EMA 200
- Fibonacci retracement 62%
- Previously worked support level becomes resistance
- Round number 0.86000
- The trendline


"The market generates behavior patterns and the patterns repeat themselves, but not every
time."
– Mark Douglas

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*This information is not a recommendation to go "LONG" or "SHORT", it is mostly used for educational purposes only!
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