OPPORTUNITY FOR BUY EURGBP
We have the following indicators for a BUY opportunity:
• Low volume suggesting continuation of the current direction.
• Support at a monthly low level.
• Re-test 6M low + 3M low
• Reflection from the bottom of the parallel channel.
• Strong long-term support area.
• Bounce from the trend line.
We define 3 goals:
TP 1 = 40 pips
TP 2 = 100 pips
TP 3 = 200 pips
SL = -200 pips
• Low volume suggesting continuation of the current direction.
• Support at a monthly low level.
• Re-test 6M low + 3M low
• Reflection from the bottom of the parallel channel.
• Strong long-term support area.
• Bounce from the trend line.
We define 3 goals:
TP 1 = 40 pips
TP 2 = 100 pips
TP 3 = 200 pips
SL = -200 pips
Trade active
TP 1 REACHED 😊Note
TP 2 REACHED 😊
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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.
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.