Tuesday, December 16, 2014

EURGBP Price Action - Bearish Pin Bar

The EURGBP is trading below its 200 SMA in what it seems a symmetrical triangle. On Tuesday the pair rejected the upper part of the triangle forming what in Price Action is called a Bearish Pin Bar. A break below the candle's low might be an opportunity for a short.

Bearish Pin Bar EURGBP


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