jolicoeur342

EURGBP - SHORT SETUP (MEDIUM/LONG TERM)

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FX:EURGBP   Euro / Libra Esterlina
EURGBP just reached a beautiful trendline and broke the small H1 TRENDLINE meaning that the trend is about to retrace OR reverse, But i'm expecting more a RETRACE than A reversal, So lets see! I'm expecting the market to do a DOUBLE TOP before going back down, our first target should be around 0.84300 and then should go back up around 0.86500-0.87 to form a DOUBLE and then crash to 0.81 or around that level at 38% of the fibs then we could be buying!
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