Hey traders! since I have a potential bullish cypher pattern in eurgbp which I have just posted, here I have a potential bearish Garltey pattern. Price action trading below the EMA's and pushing up to meet the structure resistance . And also a nice trendline resistance. Expecting a price reversal from the completion area.
Stops @ 171.296( I may increase a little bit)
It was a good idea! The price action did reverse but not from the entry point.
C point is moved. Now time to move on with the next one.