EURGBP - Double Harmonics
EURGBP setting up for a potential reversal with double confirming harmonics on the Daily and 4 Hour. The Daily chart shows price respecting the bullish channel with a test at the top inner trendline look for price to reverse around .89795
Trade closed: stop reached
EURGBP broke channel structure and actually reversed at the 161.8% fib retracement level of the XA leg of the Butterfly Harmonic @ .90150
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.