FOREX : Short opportunity on EURGBP

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Hello Traders,

I'm expecting that the EURGBP will not break out side this side way channel,
I'll be looking for opportunities to short this paire during the coming weeks,

This is a risky trade,

Never expose more than 1% of your capital to the market.
This is for educationnel purpose and it is not an investment advice.

Best Regards,

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30min side way channel.
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One more push for the upside.

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It will be expected that this PA will continue to push for upside for short term.

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Still pushing for upside,
This structure could break down.

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This paire still in side way movement,
I'll be looking to shrot it from the top.

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If we are going to see a flag and breakup, so one more up move.

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Finally we have got that breakdown.
Cheers guys !! the market is going with the we want.

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1st scenario.

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2nd scenario.
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Ending Diagonal

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The Eur is breaking down as expected,
We still in side way movement, so it is possible PA can reverse form the bottom for one more upside wave.

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Watch for this flag to breakdown.

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Filnally we got a strong break down.

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Chart PatternsTrend AnalysisWave Analysis

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