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Michael_Winner
Nov 21, 2022 5:54 PM

EURGBP can make retest to support line and then start move up Long

EUR/GBPOANDA

Description

Hello, dear traders, we are new here, so we ask you to support our ideas by asking "SUBMIT" and COMMENTS, and you can also freely ask any questions in the comments, we will try to answer everyone, thank you guys.

Today we will look at the price of EURGBP.
Price formed a double bottom pattern and then start trades inside of the downward channel.
Not time ago price broke old resistance line and now trades clouse to new support line.
I expect that price can make retest new support line and then start move up.
That's why I set up two targets at $0.8710 and $0.8750 levels.

I expect this scenario, so be prepared for the next moves.
Thank you for your time, we hope our work suits you and you are satisfied, we wish you a nice day and great profits
Comments
Gold-Tech
Wow it's Great! Thanks
JoeChampion
I agree, EURGBP will grow!
FOREXN1
Agree , possible scenario here !
Lingrid
Possible scenario I think
Serana2324
Thanks for this analysis
DeGRAM
Thank you. Great job. Two thumbs up!
RLinda
Good work, keep following you)
TheTradersAvenue
great analysis. Thanks for sharing
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