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ForecastCity
Apr 7, 2021 3:46 PM

💡Don't miss the great buy opportunity in EURGBP Long

Euro Fx/British PoundFXCM

Description

Trading suggestion:
There is a possibility of temporary retracement to the suggested support line (0.8555).
. 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 uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 59.94.

Take Profits:
TP1= @ 0.8670
TP2= @ 0.8785
TP3= @ 0.8860
TP4= @ 0.8940
TP5= @ 0.9000
TP6= @ 0.9070

SL= Break below S2

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Comments
carefulOwl22772
I agree with you
ForecastCity
@carefulOwl22772, Thanks for your comment.
All the best
viajack4
do you have telegram to follow?
Sophiaelias
How do you choose your TP? I know people either use Fib lines or previous S/R levels.
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