"Top and Bottom Analysis" EUR/GBP by ThinkingAntsOk
4H CHART EXPLANATION:
In 4H timeframe we observe that price has broke the Descending Trendline and started to move in a range. It has recently broken the Resistance Zone 1 at 0.86750. The upside movement has potential to reach Resistance Zone 2 at 0.88275 in the short term, and if that zone is broken, then it could face Resistance Zone 3 at 0.9050 in the middle term.
Updates comming soon!
MULTI TIMEFRAME VISION:
- Weekly:
- Daily:
In 4H timeframe we observe that price has broke the Descending Trendline and started to move in a range. It has recently broken the Resistance Zone 1 at 0.86750. The upside movement has potential to reach Resistance Zone 2 at 0.88275 in the short term, and if that zone is broken, then it could face Resistance Zone 3 at 0.9050 in the middle term.
Updates comming soon!
MULTI TIMEFRAME VISION:
- Weekly:
- Daily:
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.