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AgressivLeader
Jan 15, 2021 3:28 PM

EUR/GBP Multitime Frame Analysis Short

Euro / British PoundFOREX.com

Description

Hello Everyone.
Eur/Gbp has created a strong Impulse to the downside, so after an Impulse we usually expect a Retracement at least to the 0.382 Level of the Fibonacci, wich in this case lines up perfectly with previous Support now turned Resistance. So if it manages to Retrace to this level we can definitely look for the continuation to the downside.
Comments
kittoca55
ir definitely touches 0.9000
AgressivLeader
sell only if it reaches the 0.382 fibonacci level, please read description
BrandonGillespie
how did u get a sell, im seeing a buy on the 4hr, creating support at the bottom forming 4hr uptrend candles.
AgressivLeader
@BrandonGillespie, please read description
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