Mandeep.Singh
Short

EUR/GBP - Bearish

FX:EURGBP   Euro / British Pound
44 0 3
Shorting opportunity for the following reasons:

1) Double top formation at major resistance level of 0.91145
2) Downtrend forming lower highs and lows as well as respecting the trend line with numerous reversal candles against it.
3) Break of support level at 0.89158 with bullish engulfing .
4) Break of counter trend line and violation of previous low with retest and doji candle formation.
5) Swing high to swing low produces a 0.382 fib retracement where doji rejected.

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