Euro / British PoundShort
EUR/GBP Hourly Short Opportunity
Price is at a resistance trendline that has been consistent on the hourly chart since the 14th. Ichimoku is also showing a strong downtrend. Stochastics are overbought.
Hourly resistance levels
-Weekly central pivot: .8764
-200 MA: .8766
-50 MA: .8760
Potential Short Confirmations
-MACD bearish crossover
-A close below the upper 1 standard deviation bollinger band
Hourly resistance levels
-Weekly central pivot: .8764
-200 MA: .8766
-50 MA: .8760
Potential Short Confirmations
-MACD bearish crossover
-A close below the upper 1 standard deviation bollinger band
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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.