EURGBP 2H
Possible entry to buy at level 0.85411 approx.
The price has broken the downward trend line that was formed on February 26, 2021, we are looking for the pullback of that trend line to enter a purchase.
We will look for an objective in the resistance marked above, but with a partial closure, in the first resistance, since the structure of the pair, in timeframes of 4h and 1D is bearish.
The price formed a bearish triangular ptron, which has broken up, but I do not rule out that the price continues to fall, since with experience, it often forms this type of pattern, showing that it breaks above, going to look for the next resistance and then continue in the direction that the employer was marking.
Possible entry to buy at level 0.85411 approx.
The price has broken the downward trend line that was formed on February 26, 2021, we are looking for the pullback of that trend line to enter a purchase.
We will look for an objective in the resistance marked above, but with a partial closure, in the first resistance, since the structure of the pair, in timeframes of 4h and 1D is bearish.
The price formed a bearish triangular ptron, which has broken up, but I do not rule out that the price continues to fall, since with experience, it often forms this type of pattern, showing that it breaks above, going to look for the next resistance and then continue in the direction that the employer was marking.