BennyManieri
Short

Benny Manieri pinpoints reversal area on EURGBP

FX:EURGBP   Euro Fx/British Pound
We see that on the daily time frame, we are in some form of bearish rotation and the trend is down. You'll also noticed a head and shoulder's pattern just formed as well.

We see some neat resistance level around the 79 even handle. Should price reach this level again, an entry reason such as a double top with some divergence would be a strong reason to enter on my hourly trading time frame. Will this level hold price back again? Not sure, but I like it.

This is chambered to be a somewhat decent trade, that actually can be played in classic trend continuation fashion if one were so inclined.

Benny
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