EURGBP
Hello Traders, here is the full analysis for this pair, short term
we have tripe bottom pattern
1- It is a reversal (reversal) pattern that comes after the downside to turn it up.
2- The market is initially bullish .
3- Then the pattern comes to form a first bottom, then a second bottom, then a third bottom, and the three are at about the same level.
4- When the neckline is broken down and draws on the two peaks between the three bottoms, the trend turns down.
5- You may benefit from breaking the neckline up and entering into long positions.
6- The target is crystallized by measuring the distance from the formed bottoms and the neckline and dropping it from the point of the fracture.
let me know in the comment section below if you have any questions,
we have tripe bottom pattern
1- It is a reversal (reversal) pattern that comes after the downside to turn it up.
2- The market is initially bullish .
3- Then the pattern comes to form a first bottom, then a second bottom, then a third bottom, and the three are at about the same level.
4- When the neckline is broken down and draws on the two peaks between the three bottoms, the trend turns down.
5- You may benefit from breaking the neckline up and entering into long positions.
6- The target is crystallized by measuring the distance from the formed bottoms and the neckline and dropping it from the point of the fracture.
let me know in the comment section below if you have any questions,
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