EURGBP - Daily outlook
Updated
Daily
- Break of rising channel
- Retracement into previous structure
- Potential for move higher to create the right shoulder of a H&S pattern confirming downtrend
- PA showing signs of bearish continuation (high test wicks)
- Break of rising channel
- Retracement into previous structure
- Potential for move higher to create the right shoulder of a H&S pattern confirming downtrend
- PA showing signs of bearish continuation (high test wicks)
Note
*RSI diverdenceNote
I'm still expecting a BIG move down with this pair.- We're still showing big Regular Bearish RSI Divergence.
- Arguable Tweezer Tops
- Monthly outlook is at a major decision level (chart to follow with breakdown).
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