EURGBP - Giant bearish bat pattern completed

27. Feb. 2016

Personally I do not trade this because the pip distance for the stop loss is beyond my acceptable level but I think nevertheless that this is an excellent opportunity for those longer term traders among us.

I myself might look to get on board of this short using another strategy, based on a potential double top or other structure/pattern on a lower time frame.

Agree with this idea ? Thanks for giving me the thumbs up by clicking the like button.
Have another view, have questions, comments ? Feel free to share it below !
More ideas like this ? Click the follow button to keep updated when I publish new ideas or update already published ones.

Thanks for your visit !