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Mahtab_Tradia
Feb 19, 2021 5:44 PM

EURGBP Chart Analysis Update 

Euro Fx/British PoundFXCM

Description

As you see, there is a downtrend with lower lows and lower highs BUT price is approaching to the demand zone around 0.8630-0.8600. Moreover, although the previous low has been broken, MACD couldn’t make lower lows and also shows a positive divergence which means there is less downside pressure and price can start to rise from that point. On the other hand, IF price didn’t rejected by this level, we can expect more drop to the next marked demand zone which is very far and long-term! So, let’s see how today’s candle will be closed. What is your view on this pair guys? Please share your comments and thoughts with me. Good luck and have a nice weekend 🤗🙏🏻
Comments
vincent007
Yes a very interesting trade ahead. Please let us know when you buy or sell.
Mahtab_Tradia
@vincent007 Thank you dear, Sure 🤗👍🏻
reza_
salam ye soall azat daram price action ro az koga ya che kasi ya che manbaee yad gerefti sabk et cheye mmnon misham gavab bedi v in ke aya iran hasti ya biron?
Mahtab_Tradia
@reza_ Salam, man technicale classic kar mikonam va supply demand. Ketabe How To Trade With Price Action az Galen Wood ro bekhunid, pdfesh ham hast ke mitoonid online download konid 👍🏻
jojofang0901
good area to look for potential reversal thx
Mahtab_Tradia
@jojofang0901 🙏🏼🙏🏼☺️
Bkh5374
Slm. 0.86400 taraze 61 fibo bood ke tach shod va bargasht. va hadeaghal ta 2 taraz balatar ke mishe hodoode 0.88600 bala khahad raft. albate ke in ham faghat yek ehtemal hast.
Mahtab_Tradia
@Sebrouz Salam, kheili mamnoon 👍🏻🙏🏻
Bkh5374
@Mahtab_Tradia ta inja ke tahlil shoma dorost boode :))
CobraVanguard
keep the good work!, stay awesome mahtab
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