Search
Products
Community
Markets
News
Brokers
More
IN
Get started
Euro / British Pound
Long
Jan 10, 2021
EUR/GBP - POTENTIAL PRICE SURGE IMMINENT | INVERSE H&S/61.8% FIB
2
Grab this chart
Grab this chart
1
1
Inverse head and shoulders pattern forming on EUR/GBP
Recent correction has retraced an appropriate amount with price settling at the 61.8% retracement
Price expected to make its way back upwards testing the HTF 61.8% fibonacci with a mid-term target beyond that at the full 100% retracement
Long positions advised with a stop below the right shoulder AND 61.8% fibonacci
If price hits stop, potential re-entry and second attempt at longing at the next support
JayanVarsani
Follow
Also on:
Chart Patterns
dollar
DXY
EUR
EURGBP
EURUSD
GBPUSD
Technical Indicators
Trend Analysis
USD
USDCAD
USDJPY
JayanVarsani
Follow
Also on:
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
.