X5

EUR/GBP W1 - Bearish Bat projection emerge

X5  
FX:EURGBP   Euro Fx/British Pound
Price in direction to the downtrend top channel, a bearish bat projection emerge but has still room to go higher. Invalidation of this pattern will give place for a Bearish B-Fly pattern projection.

Meanwhile, looks good for long trades in lower TF’s. Keep an eye on the bearish divergence.

Note: Red lines correspond to a Bearish ABCD pattern on M1 chart.
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out