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IceTrading

EURGBP Descending Triangle Pattern Short

Short
Euro / British Pound (FX:EURGBP)  
IceTrading  
FX:EURGBP   Euro / British Pound
euro EURGBP short Descending Triangle Moving Average Convergence / Divergence (MACD) resisstance trend
5
0
euro eurgbp short descendingtriangle macd resisstance trend
Perfect setup for a short. Stops above the previous swing high.
Upper Trend-line of the Descending Triangle Pattern has held on both the chart and MACD.
This offers us a low risk opportunity to jump into a short position on the euro.

Happy Trading!
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