EURGBP

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TF: 4

I was looking to short this pair last week; however, price moved high quickly and dropped shortly after making a H and S pattern. Currently the right shoulder could be in the process of being completed. I am looking to short and entered in as shown on the chart. Bearish divergence can also be seen on the RSI. I am expecting a large move down.
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syot kilat
Price is trading near the potential H and S neckline, looking to add if it rejects...
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syot kilat
Still hovering in that area...
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syot kilat
Closed my trade for a loss, possible inverse H and s
S forming which could help price move north. I am going to keep an eye on this.
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syot kilat Inverse H and S played out and pushed price much higher
Nota
syot kilat
Price has not really broken out of this consolidation area yet
ANDBearish PatternsChart PatternsDivergenceEURGBPHEADshortTrend AnalysisWave Analysis

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