thejdela

EUR / GBP - Almost Time For Reversal

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FOREXCOM:EURGBP   Euro / Libra Esterlina
On the 3 day here, you can see strong bearish divergence on the RSI. Right now I am playing for a bearish bat harmonic structure. I am looking to enter a short after price touches the 2.618 fib. This would complete the pattern, giving me more confidence in a short position to about the 61.8 which shares confluence with past high to lows.

If there is something contradicting this setup please comment below so I can have a second look. Much appreciated - stay safe out there.

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