EURGBP M30: The upward movement is weakening

3 days ago By

The pressure is easing. A support line has formed on the EURGBP chart.A Double Bottom pattern has formed on the chart, indicating a possible upward reversal. An important signal to confirm of this pattern is the breakthrough of the neck line located at the level 0.87355. A breakdown of the neckline endorses a trend reversal […]

EURGBP H1: The upward movement is weakening

2 weeks ago By

The pressure is easing. A support line has formed on the EURGBP chart.A Double Bottom pattern has formed on the chart, indicating a possible upward reversal. An important signal to confirm of this pattern is the breakthrough of the neck line located at the level 0.87698. A breakdown of the neckline endorses a trend reversal […]

Bitcoin H1: The upward movement is weakening

2 weeks ago By

The pressure is easing. A support line has formed on the Bitcoin chart.A Double Bottom pattern has formed on the chart, indicating a possible upward reversal. An important signal to confirm of this pattern is the breakthrough of the neck line located at the level 91170.56. A breakdown of the neckline endorses a trend reversal […]

XAUUSD M15: There are signs of weakness in the upward momentum

3 weeks ago By

The XAUUSD chart shows the signs of weakening upward momentum. The formed patterns indicate a possible slowdown in growth momentum and an increase in the probability of a correction trend.A classic Double Top reversal pattern is being formed on the chart. The breakdown of the neckline at the level of 4073.68 serves as the main […]