Euro / British PoundShort
EURGBP Bearish Wedge
Updated
After a nice uptrend EURGBP looks ready for the move down. Its at the top of a bearish wedge and since Fridays candle closes
red it rejected the resistance.
Take profit: 0.8930 > 0.8860 > 0.8770 > 0.8645
Take note its the daily time frame so the move to 0.8645 isnt done in one candle, 6-9 candles are more likely.
Stop: 0.9120
red it rejected the resistance.
Take profit: 0.8930 > 0.8860 > 0.8770 > 0.8645
Take note its the daily time frame so the move to 0.8645 isnt done in one candle, 6-9 candles are more likely.
Stop: 0.9120
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