leszekstanislaw

EURGBP H1 - ABCD, fibo cluster, fibo retr 161.8% - DIARY IDEA

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FX:EURGBP   Euro / Libra Esterlina
1
EURGBP short idea:
Confirmations are:
  • correction move up to 61.% of downtrend wave
  • fibonacci cluster - 50.% and 61.8% - little exceeded, but should work...
  • ABCD (not perfect, I like AB=CD)
  • 161.8% retracement of BC - great place for shorts.
I think scenario is that when London starts we should have next top, or even little higher and then move down... Opened to sell limit trades, with two different TP
  • TP1 - almost the same move as BC
  • TP2 - just bottom of all ABCD correction
Let us see.
Have a great week of trades!
Leszek

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