EURGBP Weekly TF Idea
This is another perspective of the Daily time frame.
I believe this will play out 1 of 2 ways.
1. Temporary short, followed by a long run due to a double bottom, to then complete a double top and have an even longer short run to the next support.
2. Short run to the next support, to complete / form a double bottom / W and have a ride up to create a double top or a previous high that can't be visible here but can be on monthly.
I believe this will play out 1 of 2 ways.
1. Temporary short, followed by a long run due to a double bottom, to then complete a double top and have an even longer short run to the next support.
2. Short run to the next support, to complete / form a double bottom / W and have a ride up to create a double top or a previous high that can't be visible here but can be on monthly.
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.