EurGbp has 2 bullish patterns forming right now.
The bigger pattern is decending wedge, and inside of the wedge, price is now trying to form a inverse head and shoulder.
The issue with the smaller pattern is that both shoulders are at the same hight.
So my bias is bearish untill price reaches the lower trendline.
The bigger pattern is decending wedge, and inside of the wedge, price is now trying to form a inverse head and shoulder.
The issue with the smaller pattern is that both shoulders are at the same hight.
So my bias is bearish untill price reaches the lower trendline.