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AsadAamerKhan

EURGBP Potential Short Opportunity

Short
Euro / British Pound (FX:EURGBP)  
AsadAamerKhan  
FX:EURGBP   Euro / British Pound
Multiple Time Frame Analysis Candlestick Analysis Fibonacci Bearish Patterns shortsetup eurgbpshort marketstructure priceaction
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mtfa candlestick fibonacci bearish shortsetup eurgbpshort marketstructure priceaction
Even though the Weekly candle closed strong Bullish Engulfing Candle, the Daily candles show loss in Bullish momentum + Massive Selling pressure due to the Top of the Monthly range and 0.91000 Even-handle number. If the Daily and 4H 'barely held bullish structure' breaks, I will look to short the pair.

PS: This is only for reference and is subject to change with the ever-changing market conditions.
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