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SmartTradingFX
Sep 20, 2015 8:48 PM

EURGBP: Will This Pair Remain Rangebound? Long

Euro Fx/British PoundFXCM

Description

Analysis on chart!

Price coming down to retest structure support where we have had strong moves away from here previously!

In this zone we have 2 x 1.272 Fibonacci Extensions, 1.272 Fibonacci Inversion, 2 x Harmonic Legs and pressing Oversold Conditions on the RSI!

Two potential very appealing Risk Reward profiles could be on offer if price were to get to this zone, and give me a reversal entry signal!

Please continue to like, share and comment! Your support is very much appreciated!

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Comments
Akil_Stokes
Good looking confluence
SmartTradingFX
All lining up nicely, but you know how it is, the market will do as it pleases!
AkashGaur

my take on it
similar entries
Best of luck
SmartTradingFX
Good to see! Thanks for your comment and good luck!
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