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velmunis
Oct 13, 2020 11:52 AM

EURGBP SWING TRADE of the day 13-Oct-2020 Long

Euro Fx/British PoundFXCM

Description

EURGBP
It has reached lower side of the support level and unable to break the level and forming a nice triangle pattern. And the negative brexit headlines
are supporting the long for EUR.We can expect the price will reach 0.91320 which is the trend line resistance zone. If the price broke to the downside then
we can expect massive downward rally.at the time of writing it is forming a nice bullish engulfing pattern. Stop lose may placed below the 0.89820 level


SWING TRADE-EURGBP

Entry point @ 0.90490
Take profit @ 0.91620
Stop lose @ 0.89820

Don't risk more than 1% of your capital
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