Harmonic Trading – downward CRAB on EURGBP

In Harmonic Trading articles we look for currency pairs harmonic patterns on M30 - H4 time frames. You need to remember, that formation alone...

EURGBP breached out of the channel top and broke resistance on 0.7310

Last week the bulls on EURGBP first defeated the level 0.7165 and next 0.7220 to end the week at 0.7225. Today, with great momentum...

EUR/GBP (H4): Time for a correction

EUR/GBP (H4): Time for a correction Forecast: Corrective rebound from 0.7160 targeting nearest support at 0.7100 Alternative scenario: Moving back above resistance zone Comments: If price moves...

EUR/GBP (H4): In the resistance direction

EUR/GBP (H4): In the resistance direction Forecast: Moving towards 0.7160 (previous high) Alternative Scenario: Moving back below downtrend line Comments: Buyers after breaking above previous resistances are...

EUR/GBP (H4): In a downtrend

EUR/GBP (H4): In a downtrend Forecast: Further losses, targeting previous low Alternative Scenario: Another test of downtrend line Comments: Recently EUR/GBP once again rebounded lower from trend...

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