EURUSD-Weekly Market Analysis-Dec18,Wk2

EURUSD on daily chart shows a bearish movement. On 4-hourly chart it is a sideway consolidation.

The red zone is within the sell zone, within the sell zone sit a deep gartley setup, if the market touches Point D and close below the upper trendline will give a perfect shorting opportunity.

The trendline shows a sideway consolidation, breaking out of the trend line is inevitable, but the direction of the break will show a likelihood of market direction.