$EURGBP 05 Nov 2010

Here is what I see in $EURGBP.  I am looking at the potential head and shoulder formation. Let's see how it works out.

Setup

Here is the CHART! (click on the chart to magnify)

$EURGBP Head & Shoulder

Update

EURGBP did not follow through, and it failed to reach the level to form H&S. No trade was taken.

EURBGP update

Comments

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  1. John Adams — Trackback
    $EURGBP 05 Nov 2010: Here is what I see in $EURGBP.  I am looking at the potential head and shoulder for... http://bit.ly/aB8UWD
  2. Gav (Trader Gav) — Trackback
    Have a look at $EURGBP http://bit.ly/d0dqdl
  3. Auto FX — Trackback
    $EURGBP 05 Nov 2010 | Gav's trading blog: EURGBP 05 Nov 2010. ... Here is what I see in $EURGBP. I am looking at... http://bit.ly/9RaYWr
  4. Easy Home Forex — Trackback
    $EURGBP 05 Nov 2010 | Gav's trading blog: EURGBP 05 Nov 2010. ... Here is what I see in $EURGBP. I am looking at... http://bit.ly/dv6rU1