The EURGBP has shown a significant bullish pattern on the 4-hour chart.
I have identified an ascending triangle, which is a bullish pattern indicating a break above its resistance level.
There is now a contracting demand zone formed by a trend line and a broken horizontal structure.
It is likely that the bulls will continue to drive prices higher in this scenario.
I have identified an ascending triangle, which is a bullish pattern indicating a break above its resistance level.
There is now a contracting demand zone formed by a trend line and a broken horizontal structure.
It is likely that the bulls will continue to drive prices higher in this scenario.
Join our Telegram channel for daily market update 👇👇
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
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.
Join our Telegram channel for daily market update 👇👇
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
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.