EUR/GBP formed a H4 H&S at The top of the WEEKLY downtrend, further downforce by from expectations of an ECB rate-cut.
Price has retraced off the right shoulder also off the 50% fib level from the head to the neckline.
I am expecting a long term short here, let know what you guys think!
Price has retraced off the right shoulder also off the 50% fib level from the head to the neckline.
I am expecting a long term short here, let know what you guys think!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.