Triple top on EUR/GBP

Triple top on EUR/GBP

There is an interesting technical pattern on the EUR/GBP currency pair. Near the "mirror" resistance level of 0.87500, a classic figure of Triple top has been formed, which at the moment acts as continuation of the current trend. The nearest support is at 0.87300. We recommend you to pay attention to this situation.

If the price fixes below the support level of 0.87300, it is necessary to consider sales of EUR/GBP. The closest target for profit taking is the 0.87150-0.87000 mark. In the medium term, EUR/GBP may reach the level of 0.86500. Confirmations and entry points to the market should be looked for on lower timeframes. When tracking the position, we recommend using a trailing stop.

by JustForex, 2018.05.21

Este artículo representa una opinión personal y no debe interpretarse como un consejo de inversión, y/u oferta, y/o una petición persistente para llevar a cabo transacciones financieras, y/o una garantía, y/o un pronóstico de eventos futuros.

Abrir cuenta

Consigue análisis gratis

* campos obligatorios
Últimos artículos
Todos los artículos