EURGBP has been making Lower highs since September. Descending triangle broken. TRADE IDEA: wait for a retest to the broken zone then SHORT to the H4 ascending trend line ( red arrow indicates the level)
Prior to the previous analysis on EG SHORTS, price reached the weelkly/daily trendline support and now we expect price to continue to grow to the level indicated by the arrow path.
price has broken the 4H ascending channel, afterwards a retest to the broken channel was seen but failed to hold hence a further drop to the daily and weekly ascending channel support (the arrow point to the support)