Lingrid | EURGBP tests RESISTANCE at July 2024 High. Short

895
The price perfectly fulfilled my last idea. It hit TP. EURGBP market shot up and reached the resistance zone as well as channel border. The price is now near the July High of 2024. The market has completed an ABC move where the C point is near the psychological level at 0.86000. On the 1H timeframe, the price has formed a double top with bearish divergence, suggesting a potential pullback. If the market remains below this resistance zone, I expect the price may retest the lower levels after the impulse leg. My goal is support level 0.84600


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

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