EUR.GBP - High-Test Candle @ Daily Descending Trendline

Updated
Currency Pair: EUR.GBP
Time Frame: Daily, 4hr, 1hr & 5min
Predicted Direction: Short

Live EUR.GBP updates will be available in the comments section below.

The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
Should my daily predicted direction be incorrect no trade opportunity will be generated.
Note
A trading opportunity would still be available should we break the 1hr ascending trendline and 50EMA
Chart PatternsEURGBPTechnical IndicatorsshortTrend Analysisukforexsignals

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