On the EUR/GBP we can see a potential Bearish Bat pattern with an opportunity to short.
PRZ:
2.000 external retracement of the BC leg at 0.8679
1.272 ABCD pattern at 0.8681
0.886 internal retracement of the XA at 0.8684
In addition we can see a 0.786 ZA at 0.8681 converging with the PRZ.
TP:
0.382 of the ABCD pattern at 0.8536 (148 pips from the PRZ)
0.618 of the ABCD pattern at 0.8444 (240 pips from the PRZ)
Be patient and ready for the signal!
Best trades!
PRZ:
2.000 external retracement of the BC leg at 0.8679
1.272 ABCD pattern at 0.8681
0.886 internal retracement of the XA at 0.8684
In addition we can see a 0.786 ZA at 0.8681 converging with the PRZ.
TP:
0.382 of the ABCD pattern at 0.8536 (148 pips from the PRZ)
0.618 of the ABCD pattern at 0.8444 (240 pips from the PRZ)
Be patient and ready for the signal!
Best trades!