As of 08/31/2015 at 19:00 EST:
We have identified a possible Short trade in EURGBP.
We will be watching EURGBP for a breakout of this Flag pattern to the downside. This is an emerging pattern with high probability. Wait for a close on the 30 minute chart below the lower trendline of this flag pattern before initiating a position. Targets of 0.72400 - 0.72500 and 0.72000.
If this pair breaks up through the upper trendline this signal will be null and void.
We have identified a possible Short trade in EURGBP.
We will be watching EURGBP for a breakout of this Flag pattern to the downside. This is an emerging pattern with high probability. Wait for a close on the 30 minute chart below the lower trendline of this flag pattern before initiating a position. Targets of 0.72400 - 0.72500 and 0.72000.
If this pair breaks up through the upper trendline this signal will be null and void.