EURGBP
there has been stagnation at the resistance area starting at around 0.86800. The market has tried to push through with no luck. A short looks like a very favourable option for a quick win.
Need to be wary as it is a uptrend, however, short looks likely due to:
- Hanging man candle stick pattern formed
- Looks to be completing a 1,2,3,4,5 Elliot wave pattern.
I'm currently in at 0.86403