EURGBP Breakout and retest of trendline

FX:EURGBP   Euro / British Pound
61 0 3
On the lower time frames, we can see that price broke out of a trendline , indicating a move lower is imminent. However, it looks like it stalled at a support level . The 20EMA is holding prices down and is creating a squeeze here, so I'm going to look to go short either at another touch of the 20EMA, or at a break and retest of the .7938 level and targetting .77
Comment: price moving down impulsively..
Comment: Target reached
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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 My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out