looking at EURGBP chart it looks like an ending diagonal forming.
Prirce can overshoot trend line and rebound making a false break, this is a very common behavior of ending diagonal.
US enters holiday season and trading is thin so watch price action carefully.
Either break down or bounce would be a nice trade.
Prirce can overshoot trend line and rebound making a false break, this is a very common behavior of ending diagonal.
US enters holiday season and trading is thin so watch price action carefully.
Either break down or bounce would be a nice trade.
