[EURGBP] POTENTIAL TREND CONTINUATION
Good morning Traders!
As we said in our daily analysis (see chart below), we bought eurgbp last week, and we will do it next week. With this in mind, on intraday chart, we have seen an interesting bullish swing, and this trend could continue after a pullback. If we look well at H1 chart, an interesting idea might be something like a Head and Shoulders (bullish). The potential pullback should form the right shoulder, and neckline breakout would confirm the shape in play.
If even your view is bullish, you can try to take long positions in our BOX (green) and put stop loss head below. The main risk of this setup is only support on low time frame (H1), and it means that we expect volatility, and technical levels (target, stop, ...) could change very quickly. If you decide to follow this idea, you must also follow our updates in real time.
HEAD & SHOULDER SHAPE
BULLISH TREND ON DAILY CHART
If you think this analysis can be useful, leave a your comment or your LIKE!
Thank you for support and trade with care!
As we said in our daily analysis (see chart below), we bought eurgbp last week, and we will do it next week. With this in mind, on intraday chart, we have seen an interesting bullish swing, and this trend could continue after a pullback. If we look well at H1 chart, an interesting idea might be something like a Head and Shoulders (bullish). The potential pullback should form the right shoulder, and neckline breakout would confirm the shape in play.
If even your view is bullish, you can try to take long positions in our BOX (green) and put stop loss head below. The main risk of this setup is only support on low time frame (H1), and it means that we expect volatility, and technical levels (target, stop, ...) could change very quickly. If you decide to follow this idea, you must also follow our updates in real time.
HEAD & SHOULDER SHAPE
BULLISH TREND ON DAILY CHART
![[EURGBP] - POTENTIAL HARMONIC STRUCTURE IN PLAY](https://s3.tradingview.com/v/V2v2Pgpq_big.png)
If you think this analysis can be useful, leave a your comment or your LIKE!
Thank you for support and trade with care!
Comment:
Have you a nice weekend!
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...structure in play...
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Trade active
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Comment:
STOP TO BREAKEVEN
🔔 2024 Forex Long Term Analysis:
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Analysis made with 💝
By Anonymous Banker
A TradingView Fan since 2015
🌐 anonymousbanker.org/
🥇 Crypto Exchange:
🌐 bit.ly/CryptExchange
Analysis made with 💝
By Anonymous Banker
A TradingView Fan since 2015
