Hello, guys. In EUR/GBP is now in the Shoulder Head Shoulder as you see in H1 timeframe. So, the only what I am intrestign is that a possible entry in short.
In the moment, in the H4 timeframe, we are in the Shoulder Head Shoulder an so, the price action is very important to entry in short and the only we need is to have in our hand confirmations.
In Daily timeframe, it's excellent to see a shoulder head shoulder in formation.!!!
But, now I want to concentrated in H1 timeframe, the only so only I just hope is 2 confirmations, the MACD make a croosing and second confirmation is that show me a bearish candelstick pattern. And also, as third confirmation is hope that the price is down a little and make a pull back in the 0.618% of Fibonacci to entry in the exactly golden zone!!!! And if you follow the elliot wave, we now finish up the elliot cycle and we can to have in the elliot wave ABC, but, in the point B is more important for me to conform in the 0.618% of Fibonacci to entry in the short.
And that is my all technical analysis.
In the moment, in the H4 timeframe, we are in the Shoulder Head Shoulder an so, the price action is very important to entry in short and the only we need is to have in our hand confirmations.
In Daily timeframe, it's excellent to see a shoulder head shoulder in formation.!!!
But, now I want to concentrated in H1 timeframe, the only so only I just hope is 2 confirmations, the MACD make a croosing and second confirmation is that show me a bearish candelstick pattern. And also, as third confirmation is hope that the price is down a little and make a pull back in the 0.618% of Fibonacci to entry in the exactly golden zone!!!! And if you follow the elliot wave, we now finish up the elliot cycle and we can to have in the elliot wave ABC, but, in the point B is more important for me to conform in the 0.618% of Fibonacci to entry in the short.
And that is my all technical analysis.
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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.