Looking for sellers to bring EUR/GBP down a notch in the short term. Will enter only after seeing buying take out recent highs, and will use a stop sell order so the trade is only triggered once we see the market start to trade downward.
Probably one of the most clean looking triangle consolidations I've seen in a few months. Typically, the cleaner the chart looks, the more it will trip people up. Personally, I'm looking for a failure to break up or down then taking it on the 2nd break.
My bias is long though, so I'd love to see a failure to break down and then reverse to break upward.
