EURGBP Triangle Scalp, Inside of a Wedge
On the right looks like a legit triangle in the making. It has dropped a lot the past months and when looking on the left chart, we can see the drop is slowing down in the shape of a bullish wedge. Don't know if it will break out of it, because when zooming out, the picture is very bearish for on the long term. The yellow circle is the target of the triangle, which is also around the resistance of that wedge. Below that red resistance it can still fail.
Previous analysis:
Previous analysis:
Penafian
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