Eurgbp has a yearly support that it has been respecting to the tick for a t least 5 times in the past.
As it approached the key level again it forms a descending channel.
An inverted head and shoulders pattern was also formed and on top of all that price broke the inverted head and shoulders neckline and the channel's resistance very bullishly, a retest of the channel resistance which is also the neckline of the inverted head and shoulders has occurred, what could be more bullish than these.
This is just my of opinion, observe good riskmanagement.
Check out my idea of the potential and ungoing bitcoin accumulation and market manipulation.
As it approached the key level again it forms a descending channel.
An inverted head and shoulders pattern was also formed and on top of all that price broke the inverted head and shoulders neckline and the channel's resistance very bullishly, a retest of the channel resistance which is also the neckline of the inverted head and shoulders has occurred, what could be more bullish than these.
This is just my of opinion, observe good riskmanagement.
Check out my idea of the potential and ungoing bitcoin accumulation and market manipulation.
