lankster

EURGBP sluggish descent

Short
OANDA:EURGBP   Euro / British Pound
The Chunnel has been a descending staircase channel for since mid-October following gbp uncertainty. Price is expected to continue making lower lows after bouncing off short term resistance zone.
+ Lower lows with price bounce off recent resistance signaling a downward continuation
+ Secondary confirmation with head and shoulders formation on the 4H

EURGBP

i do this for fun. if you trade this way, you will lose money :)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.