EUR/GBP Possible Bearish Butterfly?

May 1, 2016

Ok, the first time I've published something here. I noticed a lot of people think this pair is about ready to go up before it eventually declines so I'm posting a contrary opinion based on a possible harmonic pattern. I'm a new trader so any constructive comments about my analysis are greatly appreciated. UK markets closed Monday for May Day Holiday so it seems only EUR trading may affect this pair initially. I'm curious to hear people's thoughts. Thank you!