Hello traders,
An exciting situation has formed in the EURGBP🇪🇺🇬🇧.
As it seems, we have here a double top formation on an hourly basis.
What is particularly exciting here is that the supposed neckline (former support = new resistance) and also the possible take profit are at zones that have been approached several times in the past.
Currently, the price is running back to the resistance. If we see a reversal here, this is a good entry zone.
Definitely exciting and should be on your watchlist.
We wish you maximum success!
Team TegasFX
An exciting situation has formed in the EURGBP🇪🇺🇬🇧.
As it seems, we have here a double top formation on an hourly basis.
What is particularly exciting here is that the supposed neckline (former support = new resistance) and also the possible take profit are at zones that have been approached several times in the past.
Currently, the price is running back to the resistance. If we see a reversal here, this is a good entry zone.
Definitely exciting and should be on your watchlist.
We wish you maximum success!
Team TegasFX
📈True ECN STP Broker
🌐 www.tegasfx.com/
🌐 www.tegasfx.com/