EURGBP trending bearish by Ichimoku
Comment:
EURGBP in H4 timeframe shows market is bearish based on below Ichimoku confirmations.
Ichimoku Trend Analysis:
- Kumo (Senko span A and B) down
- Kijun sen down
- Tenkan sen down
- Chiko span below candles
Next Scenario:
Market broke the support level of 0.8471. This may be a trigger to continuous downtrend. The ultimate target is at 0.8279.
EURGBP in H4 timeframe shows market is bearish based on below Ichimoku confirmations.
Ichimoku Trend Analysis:
- Kumo (Senko span A and B) down
- Kijun sen down
- Tenkan sen down
- Chiko span below candles
Next Scenario:
Market broke the support level of 0.8471. This may be a trigger to continuous downtrend. The ultimate target is at 0.8279.
Forex Kei
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Official Website: forex-kei.com
Global Trading School: forex-kei.com/?page_id=2855
KTS Academy: keistradingstrategy.com
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