EURGBP LONGS - FAILED HEAD AND SHOULDERS PATTERNS
1) A failed head and shoulders pattern @ key daily resistance @ 0.86002
2) Price has broken the 0.86002 zone + counter trend line
3) Expecting a pull back from the H4 Resistance zone @ 0.86919 zone. ( opportunity for short term shorts)
and retest of the counter trend line + now support zone @ 0.86002
for longs towards 0.87315.
4) Upside target @ 0.87315 @ daily resistance zone
2) Price has broken the 0.86002 zone + counter trend line
3) Expecting a pull back from the H4 Resistance zone @ 0.86919 zone. ( opportunity for short term shorts)
and retest of the counter trend line + now support zone @ 0.86002
for longs towards 0.87315.
4) Upside target @ 0.87315 @ daily resistance zone
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