TradingView
ForecastCity_EU
Jun 1, 2020 1:32 PM

Don't miss the great sell opportunity in EURGBP Short

Euro Fx/British PoundFXCM

Description

Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.9016). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. EURGBP is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 59.

Take Profits:
TP1= @ 0.8863
TP2= @ 0.8682
TP3= @ 0.8591

SL: Break Above R2

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Comments
Forecast_Crypto
I agree, the rising volume is supporting this.
ForecastCity_EU
Best_Forecast
Appreciated your content,

Thank You for sharing!
ForecastCity_EU
Forecast_Crypto
Thank you!
ForecastCity_EU
Pro_Trader_007
Merci pour vos idées
Niled37
Kristalyn
Great stuff. Liked this.
ForecastCity_EU
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