EUR/GBP-1 Hour overview
Hello everybody!
-On a 1-hour chart, we can see that the price formed head and shoulders pattern,...
-Head and shoulders pattern is a reversal pattern so we may expect that the price is going to start moving in a bearish direction!
-On a 4 hour base, GBP is stronger than EUR and on the 1-hour base, GBP is still stronger than EUR.
-If GBP remains stronger than EUR then we can expect that the price is going to fall.
-WHAT DO YOU THINK ABOUT THIS SETUP?
Please let me know in the comment section!
THANKS FOR READING!
-If you have some different opinions please let me know and if you like this please hit that like button and give me support, I will appreciate every support.
-Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial
advice.
-On a 1-hour chart, we can see that the price formed head and shoulders pattern,...
-Head and shoulders pattern is a reversal pattern so we may expect that the price is going to start moving in a bearish direction!
-On a 4 hour base, GBP is stronger than EUR and on the 1-hour base, GBP is still stronger than EUR.
-If GBP remains stronger than EUR then we can expect that the price is going to fall.
-WHAT DO YOU THINK ABOUT THIS SETUP?
Please let me know in the comment section!
THANKS FOR READING!
-If you have some different opinions please let me know and if you like this please hit that like button and give me support, I will appreciate every support.
-Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial
advice.
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