TomHall
Short

EUR/GBP - Cypher Pattern

FX_IDC:EURGBP   Euro / British Pound
429 3 11
Here on the 4h chart of EUR/GBP             we have a potential short opportunity.

As you can see price on the 4h has spiked into strong structure resistance level (zoom out to view resistance level )
This resistance level also coincides with a number of Fibonacci levels and the D leg of the Cypher Pattern .

Price has been aggressive off the back of the news at 9:30am, so we are now at price to get short.

Anymore information don't hesitate to contact me.

Have a great trading week.
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Else i´m currently in NZDUSD and GBPAUD
+1 Reply
i´m in this bad boy too, but its currently heading in the wrong direction but lets see
+1 Reply
TomHall ThomasJeff_DCM
Although we have a very bullish previous candle we have to trade our plan.
A EUR meltdown would be ok with me lol
+1 Reply
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