Get started
eCapitalTrading

EURGBP; Downward trend continuation

Short
Euro / British Pound (FX:EURGBP)  
eCapitalTrading Updated   
FX:EURGBP   Euro / British Pound
Support and Resistance EURGBP trendcontinuation
3
0
supportandresistance eurgbp trendcontinuation
Trend; DOWN
Strength; Strong
Status; Trend continuation

The pair is in a downward trend. Waiting for a retracement at 0.8930 or the downward break of 0.8875 to go short.

ENTRY; 0.8930/ 0.8875
TARGET; 0.8861 & 0.8815
STOP; 0.8952

Only the upward break of 0.8952 will invalidate the trade.
Trade closed: target reached:
Both targets were reached after coming off the spike.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.