EUR/GBP Ascending Triangle

FX:EURGBP   Euro / British Pound
140 0 0
The pair has being very consistent with the ascending triangle pattern having hit the lower ascending trend at 5 points and the upper trend ( resistance level as well). Once the triangle has being broken through, the expectation is for the pair to reach the 0.87500 or 2.05% gained from its resistance level . I have also added the ROC momentum indicator which follows the same pattern. I'm expecting a pull back to its support trend line before a breakout occurs where the target could be tested. Price also remains above both 50 and 20 moving averages maintaining a bullish signal.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out