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Euro / British Pound
Short

1H EURGBP Sell Opportunity

By MaxFaulkner
Updated
Just a quick trade. On the 1H chart EURGBP is looking to be a good sell opportunity. The head and shoulders formation is beginning to line up and the high wick of each shoulder is almost perfectly symmetrical. I am going to try to enter and hope that price falls down to my target but there is the chance that I will need to close early if price begins to struggle to fall.
Trade closed: stop reached
Incredibly annoying move there. Price has stopped us out and then fallen to the downside target. Let's move past this and try to look for some more good opportunities.
Trend Analysis
MaxFaulkner

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