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WinterFieldFX

EURGBP | Bear Bias

Short
Euro / British Pound (OANDA:EURGBP)  
WinterFieldFX Updated   
OANDA:EURGBP   Euro / British Pound
Harmonic Patterns Chart Patterns Trend Analysis Cypher Parallel Channel support resistence Supply Zone Demand Zone
4
0
harmonicpatterns chartpattern trendanalysis cypherpattern parallelchannel support resistence supplyzone demandzone
The EURGBP is set to resume its macro short as a bearish Cypher harmonic pattern has been identified on the 4hr chart. This combined with the current daily bearish channel gives us good confirmation of our analysis
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Shorts are expected to resume once the upper channel resistance has been tested and rejected
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Price is expected to reach the lower support of the channel at 0.86700, while our invalidation zone is set at 0.89436
Trade active
Comment:
Seek to move any stops to break-even at 0.88688
Comment:
Seek to move any stops to break-even if viable
Trade closed: target reached:
Closed with +54 pips
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