EUR/GBP Price Forecast – Cup & Handle Breakdown Incoming!

13 feb

The EUR/GBP pair is forming a Cup & Handle pattern, signaling a potential bearish breakout. The market is testing the support line, and a strong bearish candle will confirm the move downward. Stay patient and wait for confirmation! 🔥

📊Technical Analysis

✅ ☕ Cup & Handle Pattern – A bearish continuation setup
✅ 📉 Support Line Test – Price approaching a key breakdown level
✅ 🔻 Breakout Confirmation – Wait for a strong bearish candle to enter

🎯 Technical Target Levels:

📌 0.822 – First target for short-term profits
📌 0.800 – Extended target for deeper downside

📢 Trading Strategy:

🔹 Wait for a confirmed break below the support line
🔹 Ensure strong bearish momentum before entering 🔥
🔹 Follow the downtrend for maximum profits
🔹 Set stop-loss above the handle formation for risk management

📉 A major move is coming—stay patient, follow the trend, and capitalize!

📌 Like, comment & follow for more trading updates! 🔔

7 giorni fa

Trade attivo

🚀 EUR/GBP Handle Consolidation Breakdown Successful! 📉🔥

The breakdown is confirmed—it’s time to trade! Enter the move and hold for target levels as momentum builds. 💰

🎯 Target Levels:

📌 [First Target 0.822]
📌 [Final Target 0.800]

📢 Follow the trend, manage risk & stay patient for maximum gains!

More updates coming soon—let’s capitalize on this move! 🚀