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KlejdiCuni
Mar 24, 2023 8:59 AM

EURGBP |Contracting Triangle | Bearish Signal Short

EUR/GBPOANDA

Description

EURGBP |Contracting Triangle | Bearish Signal

Today during the first hours of the London Market opening EURGBP
began a bearish move.

The accumulation was very small and it has a contracting triangle shape.

It can move even lower over the coming hours as it seems after any small correction.

it can repeat the same pattern as on the left side.

Thank you and Good Luck!

Trade closed: target reached

EURGBP: Target_1 Reached:)
Comments
WalterMoon
Thanks for awesome EURGBP explanation
pejman_zwin
Obviously, I don't have a Magic 8 ball, but I can guess that this opinion can be right. We have to see what happens.😝👌
Leo-btm
good job here
basictradingtv
definitely a possible scenario, thanks!
P_S_trade
Nice trade plan
FOREXN1
Could be Works :) Thanks mate
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