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glennmercer

Short EURGBP: Crab + Bat + Strong S/R

Penjualan
Euro / Pound Inggris (FX:EURGBP)  
glennmercer  
FX:EURGBP   Euro / Pound Inggris
Bearish Bat Bearish Crab Bat Crab PRZ confluence bcprojection AB=CD Support and Resistance
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bearishbat bearishcrab batpattern crabpattern prz confluence bcprojection abcdpattern supportandresistance
After a strong rally today, EURGBP looks as though it is ready for a pullback. A bearish bat is complete at the same level of the completion of a bearish crab. Stops are placed above strong S/R with targets at the .382 and .618 retracement of CD.

Confluence in the PRZ:
1. Bearish bat pattern completion
2. Bearish crab pattern completion
3. 2.618BA projection
4. 4.618BC projection
5. Strong resistance area

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