EURGBP - SHORT - Ending Diagonal | Bearish Divergence | Harmonic

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EURGBP | Sell Orders | 500 pips Trade | June 2019
Market: FX Crosses | EURGBP

*Check the related ideas on this pair!

EURGBP has been labeled at the termination point of a larger degree corrective structure.

The next swing as the best interpretation would present itself as an abrupt and sustained bearish impulse.

Regardless if the Ending Diagonal would allow one more small leg upwards or not, the Reversal would most likely occur due to the present Bearish Divergence.

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Snapshot
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EURGBP down-trend starting.
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EURGBP messing with my mind, doing tricks.
Time to drop it like it's hot?!
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Ending Diagonal ... well .. ending
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EURGBP sell-off starting.
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Trade ist aktiv
Let's go on the EURGBP bearish ride!
Woooohoooooo!!!
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Bearish Impulse started for EURGBP.

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Chart PatternsCurrenciesEURGBPeurgbpbearisheurgbpshorteurgbpsignalForexHarmonic PatternsTechnical Indicators

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