A potential long opportunity has presented itself in EURGBP after a Bullish Bat pattern has been completed. Bullish Knoxville divergence has also been printed at the completion point, providing another indication of a potential move upward. Targets and details on chart.
Knoxville Divergence:
The presence of significant Momentum (20) divergence while RSI (21) is overextended at any point during the divergence period.
Knoxville Divergence:
The presence of significant Momentum (20) divergence while RSI (21) is overextended at any point during the divergence period.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.