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jackw3751
Aug 11, 2019 12:00 PM

EURGBP Reaching 2 Year High Short

FX:EURGBP240
Euro Fx/British PoundFXCM

Description

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Price is heading towards the highest price of the past 2 years (light blue line) and it has reached the top of a channel on the 4H; therefore, I am expecting a strong rejection to the downside where I will take profit at TP1 and then TP2.

Comment

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Both target profit levels reached
Chart PatternsTrend Analysis
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