EURGBP Aiming to Reach the 0.9142 Mark
💡 Trade Idea
📈 Buy Limit EUR/GBP @ 0.9037
🎯 Target Profit 0.9142
🛑 Stop Loss 0.8985
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The pair has moved to the downside but could not close below the daily support (Red Line), by showing a double bottom around this level. Now, the price is bullish, a slight retracement might be seen to the neckline of the double bottom and then a new move to the upside to reach the 0.9142 level.
📈 Buy Limit EUR/GBP @ 0.9037
🎯 Target Profit 0.9142
🛑 Stop Loss 0.8985
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The pair has moved to the downside but could not close below the daily support (Red Line), by showing a double bottom around this level. Now, the price is bullish, a slight retracement might be seen to the neckline of the double bottom and then a new move to the upside to reach the 0.9142 level.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.