London Open bringing the PUMPS for EG??
EUR/GBP has been traveling down a Falling Resistance pretty tightly since Oct. 3rd and has met up with our Rising Support created by the lows on Aug. 23rd and Sept. 6th bringing us to a pinch of a Pennant right before London Session!
-Fundamentally GBP had an onslaught of negative news including the GDP so for EUR/GBP, my bias will be BULLISH!!
-Supplementing my Bullish bias is the appearance of what looks to be a STRONG Divergence with price on the RSI!
-Bullish Prediction
*Price must Break and Close above the Falling Resistance
-Fundamentally GBP had an onslaught of negative news including the GDP so for EUR/GBP, my bias will be BULLISH!!
-Supplementing my Bullish bias is the appearance of what looks to be a STRONG Divergence with price on the RSI!
-Bullish Prediction
*Price must Break and Close above the Falling Resistance
Nota
All London Open did was give us a False Break!! Price is back in the Pennant Pattern
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"An investment in knowledge will pay the best interest." - B. Franklin
Novi's Trading Channel
t.me/+l3fTcsZu91ZiZDkx
Novi's Trading Channel
t.me/+l3fTcsZu91ZiZDkx
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.