SteveNixon

Breakout and long?

Long
SteveNixon Updated   
FX_IDC:EURGBP   Euro / British Pound
32
On the weekly chart this seems to be making a D wave therefore my bias is long.
Price is currently breaking out of the bearish correction and could start going long from this level.
Wait to see if it puts in a stronger move up and correction before looking for a long entry set up

All forecasts will be updated as they develop so remember to follow to receive them.

Always wait for an entry set up before risking your money.

This is not investment advice - it is purely for educational and discussion purposes.
Your Ideas, comments and questions welcome

Good luck Steve
Comment:
Here is the weekly chart for a bit more clarity
Comment:

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.