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EUR/GBP going down on the breakout of the triangle pattern

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Euro/Brittiska pund (OANDA:EURGBP)  
Trade_with_H Uppdaterad   
OANDA:EURGBP   Euro/Brittiska pund
Trend Analysis Beyond Technical Analysis Chart Patterns euro pound pricelevels breakouttrading
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trendanalysis beyondta chartpattern euro pound pricelevels breakouttrading
The triangle formation on the chart is a sign of neutrality in the market but I guess you do not have to be a genius to figure that out. The market has been very volatile lately and here is what I think will happen :

  • What I think will happen is price is going to break through the triangle formation pattern on the downside and continue going down and then find support at the 0.9000 level.

    Please comment down below your thoughts on the matter.
Kommentera:
Price closed below the triangle formation on the 4-hour chart.
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