Analysis on #eurgbp
After a triple bottom pattern, price broke it's down-trend trend line, and started an up-ward trend. At this moment price is in an ABC pattern correction which is going to end, we can see lack of bearish momentum and we have a positive hidden divergence on MACD.
Our first target is the top of the correction wave and our second target is the daily resistance zone, as shown in the picture.
Our first target is the top of the correction wave and our second target is the daily resistance zone, as shown in the picture.
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