Olu
Long

EurGbp: Price Could Head To 0.9000

FX:EURGBP   Euro / Britisches Pfund
Comments on the chart. Check out the price action on the hourly chart. Typical bull flag breakout price action. By the way what it will do when (if) it gets to 0.9000 is another matter. One step at a time
Kommentar: Price is tackling the resistance area and it appears to be making slow progress
Kommentar: The struggle to breakout continues...
Kommentar: Price could not make it above the resistance area and even put in a strong down candle on friday. When resistance becomes impregnable the flow changes direction - temporarily or permanently
Kommentar: Price changed direction as suspected when it could not breach resistance. So this upside idea has failed and proved incorrect
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