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ReneeH

EURGBP - potential bearish setup (Short)

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Euro / Pound Inggris (FX:EURGBP)  
ReneeH Diupdate   
FX:EURGBP   Euro / Pound Inggris
Trend Analysis Chart Patterns Beyond Technical Analysis
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trendanalysis chartpattern beyondta
As per the chart above, there's a potential setup that EURGBP would go short. Bearish divergent on h4 - where price made higher high and MACD made lower high. In addition to the bear flag pattern, suggests that price might go south. Take profit area is the length of the flag pole = % retracement level and potential PRZ (potential reversal zone) - where daily supply was violated.

Thanks for your time.

All the best.

Renee H
Trading ditutup: target tercapai
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