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AshirDanville

"Trade what you see not what you think" Bearish Sentiment

Short
Euro / British Pound (FX:EURGBP)  
AshirDanville  
FX:EURGBP   Euro / British Pound
Trend Analysis Chart Patterns eurgbpshort Trend Line Break reversalpoint
2
0
trendanalysis chartpattern eurgbpshort trendlinebreak reversalpoint
Validated confluences
1.Uptrend weekly trend line broken
2.Trend trading (Weekly)
3.No major resistance until (8650)
4.Profit margin 1:3

Wait for trend line break to establish Daily Downtrend,
8781-8719 is not a major resistance zone as price action touched the zone 3 times which thoroughly indicates the weakness of the zone.
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