RSI is shown to be over brought. Wedge has been broken. Rejection of trendline. And BB arrow indicating to sell. Furthermore, only sell whe you see more bearish candles as the GBP currency is unstable at this present moment due to the talk of Brexit.
AB=CD pattern has occurred. The trend is now bullish and will be a good opportunity to enter the market. Futhermore, the wedge pattern has been been broken and that is a positive sign for the trade to go bullish. Also the EMA has now move to the opposite side of the trade meaning the market is showing a strong bullish sign.
EURUSD has hit buying zone and broke out of the wedge trend. Two very big buying signals. Also a reverse from the EMA, as this has moved to the opposite side which is a stronger sign to buy.
ABCD Formation: as you can see this has formed an ABCD formation so we should be looking for a downtrend now. Also their is a small Descending Triangle forming therefore we could expect a big breakout from this. Furthermore for extra security and confidence for this trade wait for the EMA Reversal, as the line should cross the opposite side of the charts.