EUR/GBP-1 Hour overview
Hello everybody!
-On a 1-hour chart, we can see that the price formed head and shoulders pattern,...
-Head and shoulders pattern is a reversal pattern so we may expect that the price is going to start moving in a bearish direction!
-On a 4 hour base, GBP is stronger than EUR and on the 1-hour base, GBP is still stronger than EUR.
-If GBP remains stronger than EUR then we can expect that the price is going to fall.
-WHAT DO YOU THINK ABOUT THIS SETUP?
Please let me know in the comment section!
THANKS FOR READING!
-If you have some different opinions please let me know and if you like this please hit that like button and give me support, I will appreciate every support.
-Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial
advice.
-On a 1-hour chart, we can see that the price formed head and shoulders pattern,...
-Head and shoulders pattern is a reversal pattern so we may expect that the price is going to start moving in a bearish direction!
-On a 4 hour base, GBP is stronger than EUR and on the 1-hour base, GBP is still stronger than EUR.
-If GBP remains stronger than EUR then we can expect that the price is going to fall.
-WHAT DO YOU THINK ABOUT THIS SETUP?
Please let me know in the comment section!
THANKS FOR READING!
-If you have some different opinions please let me know and if you like this please hit that like button and give me support, I will appreciate every support.
-Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial
advice.
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.
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.