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EURGBP: H/S pattern...followed by another H/S pattern?
Euro / British Pound
Short
EURGBP: H/S pattern...followed by another H/S pattern?
By tf_forex
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Updated
Mar 28, 2016
1
Mar 25, 2016
Not the cleanest presentation :) but I've noticed there may be a 2nd Head & Shoulders pattern set up here, that could see the price drop back down.
Just going to watch it for now, If there is a break below 0.7880 area, then I will enter short...
Mar 28, 2016
Trade active
UPDATE, entered short @ 0.7875 ...
Mar 28, 2016
Note
Trade still open, if it can't get past the 0.7850 area, I may close there for a 25 pip gain....will let it continue on for now...
EURGBP
tf_forex
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