EURGBP: Opportunity to short on bat formation turns valid
Looks like a bearish bat harmonic is forming on
EURGBP
. Possible targets are 0.382 w/ RR 1:1, 0.618 w/ RR 1:2 and 0.786 w/ RR 1:2.8. 0.786 retracment is right above last weeks S1 pivot. As it's a trend continuation trade further targets could be possible.
EURGBP
. Possible targets are 0.382 w/ RR 1:1, 0.618 w/ RR 1:2 and 0.786 w/ RR 1:2.8. 0.786 retracment is right above last weeks S1 pivot. As it's a trend continuation trade further targets could be possible.
Kommentera:
Price action is coming to it's final formation. Watch this closely for short opportunity.
Kommentera:
Formation almost setup. I'm watching closely and checking for signals to enter market once the PRZ is tested.