Hello Fellow Traders, Here is a Full DAILY Mapping Analysis For EURGBP.
The Best way to follow my Analysis is if the following conditions apply.
1. Wait for the Market to Show you some Rejection / Confirmation / Direction
2.Wait for confirmation(Price Action Confirmation Aka . Pinbar , Bullish or Bearish engulfing / Break of structure...
EURGBP was Trading in Ascending Triangle Pattern , Which is bullish pattern at bottom of chart but it failed to breakout on upside. According to chart pattern analysis , EURGBP breakout on down side from Ascending Triangle Pattern . We might see more down side in EURGBP towards support level 1 and support level 2 (as shown in chart). Short trade can be taken on...
Hello Traders !
This is my view on this pair before attacking 0.8700, in front of arrive to that level, possibly we'll see some rebounding to 0.8585 or 0.8570 support levels.
*Notice: that the price since April 2021 to now bouncing between 0.8560 and 0.8700 levels .
This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions