Short EURGBP and waiting for a Buy Opportunity

١٢ أغسطس ٢٠١٤

Shorted this pair due it being in a proprietary reversal area and also at some major resistance, the price broke above and stalled, it is possible that is a fakeout. The real major move I see is if we get a retrace to the .618 area that I show on the chart. Lets see what happens.