pavan15589
Short

EURGBP - Bearish Cypher ????....

FX:EURGBP   Euro Fx/British Pound
Looks like another bear , a lot of bears and yet bears are dying. Patterns are getting stopped out too often lately.

The pattern gives a short signal when filled, again putting us with the trend.

With stops above X....

Short at 'D' with....

Target 1 - At .386 retracement of CD....
Target 2 - Look to play with the trend.

Note: Though the patterns have been failing lately, we should keep in mind that a lot of fundamentals have driven the market in the past two weeks.
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