getting to our 3rd touch.
bearish pressure and price currently on our 61.8 fib level we expect a sell also with the close of the 4hr candle "a pin bar" we expect a downward move
a buy from the third phase following trendline pattern of lh and ll. we currently on the lower high area now looking for buy entries with price action candles
sell on eurgbp has been going as planned respecting the highs and lows. presently now we are on another sell zone/resistance zone so we expect more bearish push to the down side
a bearish engulfing candle from the 1hr tf, an evening star from the 4hr tf and apin bar from the daily tf. following mr allen our first tp would be the close support level and our sl would be 5 pips from the wick of the pin bar