EURGBP 4h Bear Cypher Sell and Patterns

4 ก.พ. 2016

Reasons to sell:
Bear Cypher
Strong Resistance (Purple Line)
Trend (Recent) continuation downwards

Things to consider:
The Bear Gartley (in yellow) which is also 1.618 Fibonacci of the double bottom and around there it will also become a double top thus putting the Bear Gartley into play.
Strong support (bottom purple line)

Let us see what happens! Good luck and good trading.

8 ก.พ. 2016

บันทึก

Bear Gartley (in yellow, bigger one, around double top) is in play. My trade has just opened.

8 ก.พ. 2016

บันทึก

Stopped Out 35 pips