848evo

[ANALYSIS] EURGBP Possible Downside Breakout

FX:EURGBP   Euro Fx/British Pound
38 0 3
EURGBP             tried an inside breakout of a triangle pattern last week but it seems the upper resistance line was too much to hold, after a quick break above it (my MT4 charts don't show a bar closing above the resistance line like this chart does) PA reversed quickly and now looks to be making a possible breakout of the riding TL. Will wait and see, but possible trade setup soon.

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***** HOW TO READ THE CHART: The red and blue lines represent clusters of BUY/SELL orders. The thicker the line, the stronger the cluster. Red = SELL, Blue = BUY. Grayed Out = Cluster Hit & Gone.
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