lzardoya
Short

FLAG PATTERN FORMED ON H1 EURGBP

FX:EURGBP   Euro / Britisches Pfund
After Uk minister speech yesterday 17th of JAN. we saw a massive strenght on the GBP. The biggest rise since 2009.
We have seen a lot of volatily and after a 38% retracement, and a flag being formed, we can short the EURGBP             with a great risk reward .
This Take Profit is short term, but it can be bigger if analizing the daily chart .
The cross of the 50 Moving Average with the 200 one, has given me the confirmation I needed to see that the B has finished and a C leg is soon going to start.
Cabroncete, esa es buena!
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