Please refer to my previous post regarding EURGBP. Link below.
Alright so what we can see now is a very nice h&s pattern forming with price action heading for the BEARISH side. Initially, we are open to EURGBP reaching the resistance level @0.9082 price level. However, this bearish movement now give us a good look for a BEARISH movement with a lower rejection level. For now, I will be looking to see a huge dump to 0.8725 price level.
Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy Trading!!!
Alright so what we can see now is a very nice h&s pattern forming with price action heading for the BEARISH side. Initially, we are open to EURGBP reaching the resistance level @0.9082 price level. However, this bearish movement now give us a good look for a BEARISH movement with a lower rejection level. For now, I will be looking to see a huge dump to 0.8725 price level.
Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy Trading!!!
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Related publications
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.