AgressivLeader

EUR/GBP Multitime Frame Analysis

Short
FOREXCOM:EURGBP   Euro / British Pound
Hello Everyone.
Eur/Gbp has created a strong Impulse to the downside, so after an Impulse we usually expect a Retracement at least to the 0.382 Level of the Fibonacci, wich in this case lines up perfectly with previous Support now turned Resistance. So if it manages to Retrace to this level we can definitely look for the continuation to the downside.

Comments

ir definitely touches 0.9000
+1 Reply
sell only if it reaches the 0.382 fibonacci level, please read description
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how did u get a sell, im seeing a buy on the 4hr, creating support at the bottom forming 4hr uptrend candles.
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AgressivLeader BrandonGillespie
@BrandonGillespie, please read description
Reply
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