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ForecastCity
Jun 1, 2020 1:28 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
Sumaia_lili
Your analyses help me much,thanks bro
ForecastCity
@Sumaia_lili, We're glad you found it helpful 💙🙏💙
Forecast_Crypto
Running Profit 😍😍😍😍😍😍
ForecastCity
@Forecast_Crypto, 🌸🙏🌸
Forecast_Crypto
Thank you!
ForecastCity
@Forecast_Crypto, You're welcome.
Best_Forecast
Excellent prediction.

Thanks for sharing this great idea
ForecastCity
@Alexander_007, You're welcome Je Vous en prie. 💙💙💙
Pro_Trader_007
Thank you for contribution
ForecastCity
@Pro_Trader_007, Please don't mention it.
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