EURGBP: Potential rebound on the uptrend line weekly
Updated
Hi, as seen on the chart, the pair is closed to a big trend line acting as a potential support. In my opininion I think that the price will trigger a rebound this trend line. The reversal will face then to a potential resistance around 0.8680.
The setup will be invalidated if the price goes and closes below the trend line. It is important to wait for a reversal confirmation with a bullish candlestick H4 or D1.
Hope this helps
The setup will be invalidated if the price goes and closes below the trend line. It is important to wait for a reversal confirmation with a bullish candlestick H4 or D1.
Hope this helps
Note
For now, there is no break down confirmation. The setup is still active.
Mes positions et signaux en temps réel: bit.ly/3QZFVur
Discord: discord.gg/kjNg36h836
Discord: discord.gg/kjNg36h836
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