


ProfitPotential
Double bottom and possible morning star formation on the monthly chart
Huge bullish flag, already broken, we might see a retest of the downward trendline or it might just keep going ! This trade has the potential to see parity for this currency pair
The pair is bearish and seems to be forming a wedge following the most recent move to the downside. The price projection for the pattern is also in confluence with 72 which is a significant long term support level.
1.46 is a key pivot level. this break may allow us to see further upside.
Possible flag formation. Potential resistance around 0.7690. Possible pivot at resistance area and when US manufacturing data is released.
I doubt the GBP bulls have got it in them to break this resistance area.
Flag pattern forming - Continuation of uptrend expected.
Continuation of the downtrend expected with a third drive down.
The currency pair seems to be creating a flag formation. This is usually a continuation pattern and we should expect a resumption to the upside.
Likely ABC corrective pattern with huge upside potential.
The ECB left interest rates unchanged earlier today. There is no more major news that could potentially support the euro for another week. Technically, the pairs price action is showing signs of weakness too. This could be a week of weakness.
Bearish Englulfing reversal pattern on long term trendline. Monthly support around 147.80 is in focus and will probably be tested before any move to the upside.