💱EURGBP - False breakdown. Double top
EURGBP made an unsuccessful attempt to break through resistance on the background of weakening pound sterling. A false breakout in the double top format is forming.
TA on the high timeframe:
1) False breakout of range resistance may bring the price back to support
2) The liquidity target area is around 0.85600.
TA on the low timeframe:
1) A move back inside the range is forming.
2) Price may form a retest of 0.8659 resistance before further decline
3) False breakout in the double top format is quite a strong set-up. In the long term we should expect a fall to 0.86076 and then to 0.85650.
Key support📉: 0.8630
Key resistance📈: 0.8660
TA on the high timeframe:
1) False breakout of range resistance may bring the price back to support
2) The liquidity target area is around 0.85600.
TA on the low timeframe:
1) A move back inside the range is forming.
2) Price may form a retest of 0.8659 resistance before further decline
3) False breakout in the double top format is quite a strong set-up. In the long term we should expect a fall to 0.86076 and then to 0.85650.
Key support📉: 0.8630
Key resistance📈: 0.8660
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.