CarlosPM
Long

TREND CONTINUATION TRADE

FX:EURGBP   Euro Fx/British Pound
It could be a good chance to jump in the EURGBP             bullish trend .

The market has just closed above previous structure highs, and has now retraced back to and area where there is ratio confluence between the 0.382 and the 0.618 of the latest two impulse legs.

The RSI also signals over sold at 20 points. Targets are set at another ratio confluence level of 1.272 and 1.414, which fall at an area that has proved to be support and resistance before.

Stop loss is set below the previous structure lows.
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out