OANDA:EURGBP   Euro / British Pound
Daily Time Frame

Price trading side ways in rectangle from September '17

Side ways boxed trading started with a down trend move into the formation.

Hidden Bearish Divergence (Reversal)
Price=
10 August '18 High
24 August '18 Higher High (Lower High on RSI)

24 August '18 Close = 0.90450

Fib Levels.

Downtrend into rectangle trading.
High 29 August '17
Low 17 April '18

.618 Level 0.90418 Entry (Sell stop )
.786 Level 0.91550 (Stop Loss)

TP 1 0.89622
TP 2 0.88827
TP 3 0.87843


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.