EURGBP long with an alternative bat for bigger correction
I use the harmonic alternative bat in conjunction with channel as my entry technique to go long. With this entry I'm taking an agressive CD leg of the AB=CD pattern.
Also, RSI is showing sold out conditions at the 4H. The Daily chart is showing a tap to the midline of the Bollingerband and a RSI stalling at the 50.
My stops will go below 0.7213. Still the risk to reward ratio is more than 1:4.
Also, RSI is showing sold out conditions at the 4H. The Daily chart is showing a tap to the midline of the Bollingerband and a RSI stalling at the 50.
My stops will go below 0.7213. Still the risk to reward ratio is more than 1:4.