ロング

EURGBP → Transition of the market to the distribution phase

on the background of stronger decrease of GBP than EUR, connected mainly on the background of economic and geopolitical factors allows the currency pair to break the resistance of consolidation.

Globally, the currency pair is in neutral-negative condition, as there is no clear trend, at the same time a wedge and symmetrical triangle are traced on the background of weak downward movement. But, the breakthrough of the upper boundary of consolidation can become the beginning of a local bullish trend. In general, there is a potential for price growth by 1 - 1.5%. On H4, the price breaks the resistance of the long consolidation, which technically puts the market in the distribution state. It is worth paying attention to the resistance at 0.8588. Breakout and consolidation of this boundary will open the price a new way up.

Resistance levels: 0.8533, 0.8621, 0.8699.
Support levels: 0.8533, 0.8500

The market has a potential for further growth. I am waiting for a breakthrough of the above resistance with further growth to the targets on the chart.

Regards R. Linda!

RLinda

🌹TRADING is a CASINO💔!?

NO‼️

Join me, I'll guide you to PROFITABLE TRADING💵!

(don't copy, click on the links!)

🟢Telegram Channel: telegram.me/RLindaTrade

🧿 Web: rlinda.com

🔴Contact: telegram.me/RLindaSignals

他のメディア:

免責事項

これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。

RLinda

他のメディア:

EURGBP → Transition of the market to the distribution phase

関連の投稿

GBPJPY → The bullish trend may continue for a long time. Why?

AUDUSD → The Bears continue to dominate. Waiting for the fall

EURUSD → Bullish trend structure breakdown

免責事項

関連の投稿

GBPJPY → The bullish trend may continue for a long time. Why?

AUDUSD → The Bears continue to dominate. Waiting for the fall

EURUSD → Bullish trend structure breakdown

免責事項