RevenueTrader

EURGBP - Descending Triangle Pattern At Weekly Resistance Level

Short
FX:EURGBP   Euro / British Pound
Confluences for FX:EURGBP

1. Price is at Weekly Resistance Level
2. Series of Lower Highs Indicate Selling Pressure
3. Descending Triangle Pattern Indicate Selling Pressure That Builds on This Pair
4. RSI Massively Over-Bought


Trade Idea - Consider Going Short if Price Retest Local Structure Successfully.

Trade Analysis From - Trade Revenue Pro

Comments

I broke down EG as well, this is my view
Reply
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