Euro / British PoundShort
Euro (EUR) / British Pound (GBP)
Euro (EUR) / British Pound (GBP) short on 1-month timeframe
This biased is formed on the following basis:
1 Shooting Star at New LH
2 Indication of downward price movement
3 Currently the price is testing the resistance level
4 Downtrend Continuation
5 Formation of new LL
6 Price has retraced up to 0.5 Fib however, it can still go down further up to 0.618 fibs as per chart behavior
This biased is formed on the following basis:
1 Shooting Star at New LH
2 Indication of downward price movement
3 Currently the price is testing the resistance level
4 Downtrend Continuation
5 Formation of new LL
6 Price has retraced up to 0.5 Fib however, it can still go down further up to 0.618 fibs as per chart behavior
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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.
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.