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KCH
Sep 17, 2016 8:43 AM

EURGBP - Libra Pattern - Sell rejection zone Short

Euro Fx/British PoundFXCM

Description

Libra pattern formation looking to form. A short trade with with good R:R (1:3+).
Once price approach the entry zone, I am looking for a rejection of this zone or bearish candle formations such as: a pin bar, dark cloud cover, bearish engulfing, etc.. to enter this trade.
One can go down to a lower timeframe such as H4 to get their entry setup is good too.

May the trade be with you.
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