TradingView
ForecastCity_ME
Jul 28, 2020 4:00 PM

Don't miss the great sell opportunity in EURGBP Short

Euro Fx/British PoundFXCM

Description

Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.91). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. EURGBP is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 30.

Take Profits:
TP1= @ 0.905
TP2= @ 0.903
TP3= @ 0.900
TP4= @ 0.894
TP5= @ 0.887

SL: Break Above R2

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Comments
ramjane831
this time what i do
ForecastCity_ME
@ramjane831, We constantly update the charts. Please check the newer ideas uploaded on our page and also on our website too.
Kristalyn
AWESOME ANALYSIS
ForecastCity_ME
@Kristalyn, Happy to be of help!
Sir_Ray
thanks, guys.
ForecastCity_ME
@Sir_Ray, Happy to help!
Kamryn
Thanks a lot
ForecastCity_ME
@Kamryn, Our pleasure!
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