TradingView
xela75
25 févr. 2017 22:07

EURGBP: Opportunity to short on bat formation turns valid Short

Euro Fx/British PoundFXCM

Description

Looks like a bearish bat harmonic is forming on FX:EURGBP. Possible targets are 0.382 w/ RR 1:1, 0.618 w/ RR 1:2 and 0.786 w/ RR 1:2.8. 0.786 retracment is right above last weeks S1 pivot. As it's a trend continuation trade further targets could be possible.

Commentaire

Price action is coming to it's final formation. Watch this closely for short opportunity.

Commentaire

Formation almost setup. I'm watching closely and checking for signals to enter market once the PRZ is tested.
Plus