EUR/GBP Broken Wedge: Bearish Signal
EUR/GBP broke through it's multi month wedge, on the downside.
Wait for the price to break the first support before entering as it might reverse there. As soon as the 4H candle closes below Support 1, consider entering your short. The target should lie around Support 2, since it's an area of great buying pressure.
Wait for the price to break the first support before entering as it might reverse there. As soon as the 4H candle closes below Support 1, consider entering your short. The target should lie around Support 2, since it's an area of great buying pressure.
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