Technician
Short

Shooting Star at Resistance, Potential Short on EURGBP

FX:EURGBP   Euro Fx/British Pound
406 1 3
Update: Failure, stop loss hit,
Profit/loss= -30pips

A major shooting star daily candle at 50 percent Fibonacci level, indicating a downside reversal ?
My trading ideas channel https://telegram.me/technician_forex_trades

Get your gift : https://thefxchannel.com

Skype: Technician - The forex channel
I'll beg to differ in that this is more qualified as a spinning top which would be neutral towards a possible trend change --- perhaps if there was rsi divergence ? I'm looking for an ab = cd sell just under .8600 might be a better level to look for a trend change.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out