FX.co - EURGBP M15: Inverse Head and Shoulder (2024-04-29 07:30:55)

2024-04-29T07:30:55

Signal strength 2 of 5

EURGBP M15: Inverse Head and Shoulder

According to M15, EURGBP is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 0.8557/0.8556 is broken out, the instrument is likely to move toward 0.8579.

The M5 and M15 time frames may have more false entry points.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Technical Analysis Patterns

EURGBP M15: Inverse Head and Shoulder

Other patterns by EURGBP

FX.co ★ EURGBP M15: Inverse Head and Shoulder

Technical Analysis Patterns

EURGBP M15: Inverse Head and Shoulder

Other patterns by EURGBP