Tradeciety

Potential head and shoulders

Short
FX:EURGBP   Euro / Livre Sterling
7
Been stalking this pattern for a while now.

At this point, it's just a potential pattern and nothing concrete. Price is still able to hold up there, but price makes lower highs and momentum is fading.

HOWEVER, it's a very obvious pattern and I wouldn't be surprised to see a squeeze and a run to the upside before we see new lows.

I have been trading for 15 years!

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