EURGBP - BEARISH WEDGE
Hey Guys!
So this pair (it can be argued) just went through a really messy Head + Shoulders pattern. That confluence with this 3point Bearish Wedge makes me think that this pair will collapse further towards 0.83554, and most likely even lower towards something like 0.82. All of this is combined with the fact that the Euro is/has been/will be seeing more weakness. I will be shorting when the markets open today @ 5.
Trade Well.
-AW
So this pair (it can be argued) just went through a really messy Head + Shoulders pattern. That confluence with this 3point Bearish Wedge makes me think that this pair will collapse further towards 0.83554, and most likely even lower towards something like 0.82. All of this is combined with the fact that the Euro is/has been/will be seeing more weakness. I will be shorting when the markets open today @ 5.
Trade Well.
-AW
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