Get started
Krystiannwk

EURGBP short

Short
Euro / British Pound (FX:EURGBP)  
Krystiannwk  
FX:EURGBP   Euro / British Pound
Trend Analysis Chart Patterns Harmonic Patterns EURGBP gap Fibonacci Retracement Parallel Channel short
7
0
trendanalysis chartpattern harmonicpatterns eurgbp gap fibonacciretracement parallelchannel short
Pair is currently trading in channel between 9000 and 8750.
9000 is quite psychological level and it is creating support/resistance combined with 50% Fibonacci retracement and GAP on daily from 2016 support/resistance are is very solid.
It is clearly visible that Market is respecting this area. I marked important pull-backs with circles.

My TP area is set just before 8500.

Related Ideas

Krystiannwk
EURGBP another chance to enter
Krystiannwk
EURGBP Still bearish trading in channel
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.