Rounding Bottom target price range is hit. (4H TF)
Volume is also formed a Inverted pattern, I assume that's a accumulation for long position for short period of time.
Fib Retracement is also put for more confirmation and where EURGBP likely goes.
I will update here if my analysis was wrong or correct.
"TA is just a probabilistic analysis- not certainty. Everything is possible. The analysis just points to what is likely probable. TA is not 100% correct." - George Tan
Volume is also formed a Inverted pattern, I assume that's a accumulation for long position for short period of time.
Fib Retracement is also put for more confirmation and where EURGBP likely goes.
I will update here if my analysis was wrong or correct.
"TA is just a probabilistic analysis- not certainty. Everything is possible. The analysis just points to what is likely probable. TA is not 100% correct." - George Tan
