EUR/GBP: Shoulder Head Shoulder

Euro/Great Britain Pound forming a Shoulder Head Shoulder and make this break-out. But we should need to hope a pull back like this in the blue arrow sample to take best decision and short Euro. Meanwhile, we see a bearish divergence forming in the RSI where it's speak us the weakness in the trend in this par to shorting. The RSI indicator formed higher low in 3 occasion.


This it's the Shoulder Head Shoulder more better in H4 timeframe and we break out this neckline that we see. We hope next trade.


Also, in Daily timeframe, we forming a demand and supply zone that I drawed here

I hope that this analysis support you!!!