Euro / British PoundShort
EURGBP SHORT
Daily Time Frame
Price trading side ways in rectangle from September '17
Side ways boxed trading started with a down trend move into the formation.
Hidden Bearish Divergence (Reversal)
Price=
10 August '18 High
24 August '18 Higher High (Lower High on RSI)
24 August '18 Close = 0.90450
Fib Levels.
Downtrend into rectangle trading.
High 29 August '17
Low 17 April '18
.618 Level 0.90418 Entry (Sell stop )
.786 Level 0.91550 (Stop Loss)
TP 1 0.89622
TP 2 0.88827
TP 3 0.87843
Price trading side ways in rectangle from September '17
Side ways boxed trading started with a down trend move into the formation.
Hidden Bearish Divergence (Reversal)
Price=
10 August '18 High
24 August '18 Higher High (Lower High on RSI)
24 August '18 Close = 0.90450
Fib Levels.
Downtrend into rectangle trading.
High 29 August '17
Low 17 April '18
.618 Level 0.90418 Entry (Sell stop )
.786 Level 0.91550 (Stop Loss)
TP 1 0.89622
TP 2 0.88827
TP 3 0.87843
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