EURGBP - H&S
Updated
A potential head and shoulders could be forming on EURGBP. With the right shoulder 50% complete, it would be nice to see a clear downfall towards our neck line (our support and resistance trendline) over the next few weeks.
If it clearly breaks our neckline, I'm looking for the obvious retest and breakdown - further downfall towards our market gap which has been left unfilled.
If it clearly breaks our neckline, I'm looking for the obvious retest and breakdown - further downfall towards our market gap which has been left unfilled.
Comment
With a break out past my original labeled right shoulder level, it has met up with the very tip of the left shoulder. Waiting for further break down.Disclaimer
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