Nicemate

EURGBP in a correction - short setup

Short
FX_IDC:EURGBP   Euro / British Pound
1
EURGBP is in a correction after a strong impulse to the downside. More downside to come: it is either going to break the bottom pennant trend line, or do a small final upward and complete "E" point of an ABCDE structure.
Short entry: 0.8896 or higher, at 0.8912 (for a better RR ratio).
Stop Loss: 0.89224
Target: 0.8805
RR: 3.38
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