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EURGBP: Confirmed Bearish Reversal?!
Euro / British Pound
Short
EURGBP: Confirmed Bearish Reversal?!
By linofx1
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Nov 21
6
3
3
Nov 21
I see multiple bearish clues on 📉EURGBP.
The price has formed a double top and a rising wedge pattern on the 4-hour chart, and has broken below the neckline and trend line of both patterns.
These signals suggest that the market may be heading towards a bearish trend.
I anticipate a continuation of this bearish movement towards 0.8306.
Double Top or Bottom
Support and Resistance
Wedge
linofx1
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