Trading suggestion:
There is a possibility of temporary retracement to the suggested support line (0.8555).
. 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 uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
Second Chance Trade Setup summary:
Profit targets= 612 = {TP2 = 57 + TP3 = 105 + TP4 = 160 + TP5 = 290}
Stop Loss = 136 pip
Reward/Risk > 4.5 : 1
New Trading suggestion:
". There is still a possibility of temporary retracement to suggested support line (0.9000) again.
if so, traders can set orders based on Price Action and expect to reach short-term...