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xAB777
Oct 8, 2023 11:04 AM

EURGBP a break out could change everything  Short

Euro Fx/British PoundFXCM

Description

very intense scenario going on eurgbp at the moment

analysing the weekly tf looks to me like the price is bullish , the price formed a double bottom broke and retested neckline .

but on lower tfs looks like something else the price formed a double top on daily and decending triangle on 1hr .

the neckline of the double to in daily is also accompanied with 100 and 200 moving averages if the price manages to break all of them without a doubt we will see a bearish move
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