Here is what I see in $EURGBP. I am looking at the potential head and shoulder formation. Let’s see how it works out.
[tab: Setup]
Here is the CHART! (click on the chart to magnify)
![EURGBP_H4_05Nov2010](https://tradergav.com/wp-content/Photos/2010/11/EURGBP_H4_05Nov2010-1024x661.png)
[tab: Update]
EURGBP did not follow through, and it failed to reach the level to form H&S. No trade was taken.
![EURGBP_H4_05Nov2010_update](https://tradergav.com/wp-content/Photos/2010/11/EURGBP_H4_05Nov2010_update.png)
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