EURGBP Probability short for 0.8310

14th & 15th June daily bar formed two bar reversal indication for weakness ahead. 21st July formed key reversal bar made a new high closed towards the low. 16th July down bar like a coiled bar added clue for short. may sell it cmp 0.8412 with stop loss 0.8430 just risk of 18 pips. if stop loss hit then put sell limit as 0.8480 that is supply area with stop loss of 0.8505 for target 0.8310.
Chart PatternsdailysignaleurgbpanalysiseurgbpforecasteurgbpshorteurgbpsignalTechnical IndicatorsWave Analysis

Also on:

Disclaimer