EUR.GBP - Descending Trendline Breakout Expected
Currency Pair: EUR.GBP
Time Frame: Daily, 4hr, 1hr & 5min
Predicted Direction: Long
Live EUR.GBP updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
Should my daily predicted direction be incorrect no trade opportunity will be generated.
Time Frame: Daily, 4hr, 1hr & 5min
Predicted Direction: Long
Live EUR.GBP updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
Should my daily predicted direction be incorrect no trade opportunity will be generated.
Comment:
Although price has broken the consolidation period i see no long opportunity at present, more information is required prior to a long opportunity.
Trade closed: target reached:
Closed due to our trailing stop at + .80%