On
EURGBP
, we have a nice structure, there is a strong strendline. It is clear that, price respected that trendline many times, which is more likely that it will do again. Moreover, we can say that price is in downtrend, as mostly price makes Higher High and Higher Low.
Also, there is a completed gartley pattern, which increase the probability of this set-up. For better vision of Gartley, check on 15 mins bars.
T1 - 38.2%
T2 - 61.8%
EURGBP
, we have a nice structure, there is a strong strendline. It is clear that, price respected that trendline many times, which is more likely that it will do again. Moreover, we can say that price is in downtrend, as mostly price makes Higher High and Higher Low. Also, there is a completed gartley pattern, which increase the probability of this set-up. For better vision of Gartley, check on 15 mins bars.
T1 - 38.2%
T2 - 61.8%