Search
Products
Community
Markets
News
Brokers
More
IN
Get started
Community
/
Ideas
/
EURGBP: Buy After Breakout
Euro / British Pound
Long
EURGBP: Buy After Breakout
By VasilyTrader
Follow
Follow
Oct 31, 2019
5
2
Cheer
Cheer
5
5
Oct 31, 2019
EURGBP has been consolidating for two weeks.
On 4H we see a descending triangle formation and there is a high chance to see a bearish break below the horizontal support.
however, once bears break below they will face with a major zone of demand
and buying volumes will accumulate.
For these reasons, be focused on the area around 0.85 and look for a signal within this zone.
Target level will be 0.87
brexit
Chart Patterns
EUR
EURGBP
euro
forecast
GBP
NEWS
pound
sterling
Trend Analysis
Wave Analysis
VasilyTrader
Follow
Follow
✅Join My Telegram Channel:
t.me/VasilyTrading
❗️YouTube Channel
youtube.com/c/VasilyTrader
💰Instagram:
instagram.com/VasilyTrader/
💰
✅Facebook:
facebook.com/VasilyTrading/
✅
Related publications
EURUSD: Structure Analysis
by VasilyTrader
Published
AUDCAD: Structure Short
by VasilyTrader
Published
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
.