EURGBP: completion of the reversal pattern
The price moves between two crossing lines. The vibration frequency gradually decreases. This means that the price will leave the pattern in the near future. Wedge is a reversal pattern. after completion, the price should rise by the volume of the previous trend (up). We are waiting for the breakdown of the resistance line and buy to 0.891. For reassurance, you can wait for a slight correction after the breakout.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
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