EURGBP: Structure Trade

By RCP
Gartley pattern is finished @0.7887 near the key resist level, but price found some support @0.7863 which might pull the price little up to retest the resistance level and form double top. Traders who missed the trade have an opportunity to get involved if the price retests the reversal zone.
Stops should go above 0.7895 and our target zone will be between fibs 0.382 and very nice support level 0.7845.
--
Good Luck
rcpforex.com
Bearish PatternsBearish GartleydoubleEUREURGBPeurgbpshortFibonaccifibsGartleyGBPPRZreversalSELLsupportSupport and ResistancetargetsTOP
RCP

Related publications

Disclaimer