EURGBP - Continuation To The Downside, Here's Why

For this setup we have:

-Minor ABC Elliott Wave count completing near the 0.91200 price level
-Major 61.8 Fibonacci retracement confirming the Minor ABC Elliott Wave count
-Minute ABC Elliott Wave count projecting to complete near the major 61.8 Fibonacci retracement
-The midline of Elliott Wave channel as resistance
-Previous structure resistance

Entries should be taken after confirmation of the area identified (Yellow Zone), look for candlestick patterns and divergence to form.

SL: 0.92100
TP1: 0.87860
TP2: 0.86990
TP3: 0.86400

Please feel free to send me a message in regards to any questions, feedback or suggestions that you may have.

Enjoy!