PRZ reached soon!

By PA-FX
Updated
EURGBP is getting closer to PRZ, RSI oversold, the level is a good resistance area and i am expecting a rejection from here. Looking for bearish evidence to short!
Comment
A little sign of indecision on 4H candle now. Keep watching it closely from here.

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Comment
Still looking bullish, we just have some divergence right now and that is not enough for reversal yet.

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Now we have a nice rejection guys!

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Trade active
I may was too early but so far so good :)

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Lets see if it will break the weekly PP.

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As expected the weekly R2 is respected for now

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Comment
Now that is a nice rejection on daily! A lower close would wonderful for more down move here.

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It is stuck at this level but short still valid.

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EURGBPeurgbpshortswingshortswingtrading
PA-FX

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