EURGBP: Very Bearish Market Opening 🇪🇺🇬🇧

Short

Euro / British Pound (OANDA:EURGBP)

Updated

OANDA:EURGBP Euro / British Pound

Trend Lines Wedge Candlestick Analysis swing swingtrading swingtrader SMC swinganalysis smartmoney smartmoneyconcepts Contains image

trendline wedgepattern candlestick swing swingtrading swingtrader smc swinganalysis smartmoney smartmoneyconcepts containsimage

snapshot

EURGBP formed a very bearish setup on last week:
the price formed a huge rising wedge pattern and successfully violated
its support on Friday.

After the market opening, the price retested a broken support.
We see a strong rejection from that

I believe that the market will go lower.
Next support - 0.8625

❤️Please, support my work with like, thank you!❤️

Comment:

We see one more test of a broken trend line

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/ ✅

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.