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chewbaccaboi

EURGBP swing to HH

Viés de alta
Euro / Libra Esterlina (OANDA:EURGBP)  
chewbaccaboi Atualizado   
OANDA:EURGBP   Euro / Libra Esterlina
Trend Analysis Chart Patterns EURGBP EURUSD GBPUSD LONG Forex
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trendanalysis chartpattern eurgbp eurusd gbpusd long forex
EURGBP is on an uptrend and came back to test the previous HL a few times but was not able to break it.

We can thus assume that the pair will continue on the previous HL or even go beyond that.

All the best!
Trade ativo
Comentário:
Looks like it is finally starting to make a move! The 1h timeframe has flipped bullish after crossing 0.896 which is a good sign.

However, the price now needs to break 0.9069 for the 4h timeframe to flip bullish. Patience...
Comentário:
Price is consolidating at the resistance level and any bearish attempt is being eaten up.

Would be pretty cool if the price breaks to the upside with a few monster green candles to eat up all the series of lower highs from mid Sept to mid Nov!
Comentário:
Beautiful breakout of the range!

Now the next hurdle is to break 0.907. Once that happens, the 4h timeframe will flip bullish!

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chewbaccaboi
Bullish Retracement on EURGBP (1/12/20)
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