Here on the 4h chart of EUR/GBP we have a potential short opportunity.
As you can see price on the 4h has spiked into strong structure resistance level (zoom out to view resistance level)
This resistance level also coincides with a number of Fibonacci levels and the D leg of the Cypher Pattern.
Price has been aggressive off the back of the news at 9:30am, so we are now at price to get short.
Anymore information don't hesitate to contact me.
Have a great trading week.
As you can see price on the 4h has spiked into strong structure resistance level (zoom out to view resistance level)
This resistance level also coincides with a number of Fibonacci levels and the D leg of the Cypher Pattern.
Price has been aggressive off the back of the news at 9:30am, so we are now at price to get short.
Anymore information don't hesitate to contact me.
Have a great trading week.