EURGBP first step of bull trap confirmation.

Anyone willing to do a long term trade on EURGPB, now is the time. small confirmation of a possible bull trap move. Been watching it for weeks now, didn't dare to really short it earlier because it simply didnt want to drop. Drew the blue line 2/3 weeks ago, assuming they might do a final shake out. Well, maybe this is it now.
It should not get above the high anymore.

Break of the first green in the middle is a big step, break of the second green is the real confirmation. Now, for it to be real, doesnt mean a straight line drop, but it needs to happen relatively fast.


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Previous analysis:

تعليق:

Perfect, broke the first important support level, so from this point on the trade is a free one and best case we can sit on it for weeks/months even. The second green support is the next one that needs to break, hope this week but prob next week. Ideally we stay below that 0.90ish from now, that would be perfect.

تعليق:

Speed of the drop is also perfect now, as i described about how it should happen. So it looks very good now