KVE
Short

EUR/GBP: Breakout trade...

FX:EURGBP   Euro / British Pound
113 2 9
One short from the top based on longer term analysis.

We broke down the up channel and it seems that we have a flag pattern emerging so we might get another wave down if we break below the corrective pattern...

So I am now on this breakout trade..., keeping the harmonic pattern in mind for reference if we continue back up...
Comment: Looks like its breaking out of the consolidation...
Should we short?
Reply
KVE insane844
Depends on your style and strategy, I think the move is probably limited, at least for my appetite...
Reply
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