The last "Three Methods" pattern pushed the price higher, so we've got a new local high.
Tag - eur
The price faced support at 1.1103, so we've got a "V-Bottom" pattern, which pushed the pair towards resistance at 1.1204.
The price is likely going to test 8/8 MM Level once again. If we see another pullback from this Level, wave (i) is going to be continued.
The last "Double Top" pattern has been confirmed, so the price got support at 1.1103, which led to forming a "V-Bottom".
The price has reached the lower “Window”, so we’ve got a “High Wave”, but confirmation of this pattern is a quite weak.
Narrowing bullish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, falling lines; the prices are on the strong support in the Cloud.
There's a consolidation, which is taking place on the four-hours chart. Also, we've got a bullish "Tweezers".
The price is consolidating between resistance at 1.1267 and support at 1.1171. Also, we've got a "Double Top" pattern.
Recommendation: BUY 124,9 SL 1,2435 TP 127,9…
EUR/GBP reached buy target 0…
There's a correction, which is taking place on the four-hours chart. Also, we've got a developing a "Three Methods" pattern.
We've got a couple of pullbacks from 8/8 MM Level, so wave [y] of 2 may have been formed.