Get started
alananne2

EURGBP Breakout of Rising Channel and heading to a Demand Zone

Short
Euro / British Pound (OANDA:EURGBP)  
alananne2  
OANDA:EURGBP   Euro / British Pound
Trend Analysis Chart Patterns
3
1
trendanalysis chartpattern
EURGBP have breakout of a rising channel and currently forming a bearish flag pattern. Expect the price to fall to Demand Zone at 0.853.

This is the fourth time price will retest the Demand zone 0.853. We will see how price react to this zone. Expect price to continue to be bullish if breakout from this Demand zone
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.