I am looking for a short term sell on EURGBP with TP at 0.8826 that corresponds with 38.2% Fib.Ret, 200 EMA and 60 min structure neckline. In 15 min chart the volume is falling down. Anyway be careful as there is a triangle pattern forming on 60 min.
Good Luck!
Comment
⋅
SL moved at 0.8925 or 50% less. The reason is because if price will go above the 4H bearish candle then we can see a strong move up.
@DikotoMandengue, Agree. I am looking the short term target for the time being but the indicators on 4H are pointing down really strong, so this 5 wave move up from 0.8656 to 0.89300 can be also a corrective wave and we can see a continuation move to downside. The BREXIT news will do its own from the other side. Good Luck.