TradeItSimple

Head and shoulders pattern on EUR/GBP

FX:EURGBP   Euro/Libra esterlina
3
EURGBP

It looks like the rate may currently be working on a large head and shoulders pattern. We'll have to wait and see, how it reacts with the neckline at 0.8300, and even if it can get there as we have couple of important rising trendlines in the way. If we see a break below the dotted one, below 0.8460 I’d say we have a pretty good chance we'll see the test of the neckline in the coming weeks.

To see the full video on the weekly set-ups click here

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.