EURGBP has broken the top level of the Falling wedge pattern in the 4-hour timeframe chart.
After the confirmation of breakout, EURGBP buy signal is given.
But the market has Re-entered back into the falling wedge and breaks the support level which led to the stop loss price.
EURGBP market is all consolidating more between specific price ranges for a long time.
CAD/CHF Analysis : (For Education Purpose) CAD/CHF reaches the bottom zone and starts to move up now with Buyers Pressure.…
READ MORE
Gold: FOMC Projections and China Global Cues Gold is moving in a descending channel and also hits the previous horizontal…
READ MORE
Reason for Buying AUD/NZD : AUD/NZD was moving between the ranges in Daily Chart. After market reaching the bottom level…
READ MORE
Reason for Buying USD/JPY : USD/JPY was moving up and down between the ranges in H1 Chart. After breakout happened…
READ MORE