💱EURGBP - symmetrical triangle. What's next?
EURGBP is forming consolidation. Two scenarios can develop in relation to the symmetrical triangle: breakout of resistance or support
TA on the high timeframe:
1) A bearish trend is formed. The price forms a pre-breakout consolidation around 0.85200
2) False breakout of liquidity area, price may reach 0.85300 area in the nearest future.
TA on the low timeframe:
1) Symmetrical triangle, price bounces off resistance and may soon test support at 0.85300 area
2) A rebound from support is also likely.
3) It is actually difficult to trade inside triangles. It is best to wait for a breakout of one of the boundaries and open a trade in the direction of the breakout
Key support📉: 0.85300
Key resistance📈: 0.86000
TA on the high timeframe:
1) A bearish trend is formed. The price forms a pre-breakout consolidation around 0.85200
2) False breakout of liquidity area, price may reach 0.85300 area in the nearest future.
TA on the low timeframe:
1) Symmetrical triangle, price bounces off resistance and may soon test support at 0.85300 area
2) A rebound from support is also likely.
3) It is actually difficult to trade inside triangles. It is best to wait for a breakout of one of the boundaries and open a trade in the direction of the breakout
Key support📉: 0.85300
Key resistance📈: 0.86000
All about GOLD🥇
Trading Tips💡
Secrets of🔑
Analysis📊
Forecasts🔔
FREE TELEGRAM:
🌹 Telegram channel: t.me/Go1dTech
😍 My contact: t.me/GoldTech
Trading Tips💡
Secrets of🔑
Analysis📊
Forecasts🔔
FREE TELEGRAM:
🌹 Telegram channel: t.me/Go1dTech
😍 My contact: t.me/GoldTech
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.