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ThinkingAntsOk

EUR/GBP Looking for a Short Trade by ThinkingAntsOk

Short
Euro / British Pound (FX:EURGBP)  
ThinkingAntsOk  
FX:EURGBP   Euro / British Pound
Trend Analysis Support and Resistance Multiple Time Frame Analysis EUR GBP EURGBP short analysis Bearish Patterns setup
15
0
trendanalysis supportandresistance mtfa eur gbp eurgbp short analysis bearish setup
🔸 4H CHART EXPLANATION:
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🔸 Price broke the Ascending Trendline after bouncing at a Daily Resistance.
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🔸 We consider it has potential to make a downside move towards the Support Zone at 0.8700.
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🔸 On a lower timeframe, there is a clear consolidation/corrective move.
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🔸 Will take a short trade based on that corrective pattern.

🔸 DAILY CHART ANALYSIS:

snapshot

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