EurGbp trend reversal confirmed!
As we have published our trend reversal (on December 22 19') after a big downtrend in this currency we were absolutely true.
We also outlined how price will test our support. And it has happened. Price almost hit exactly to the pip our support (missed by 8 pips)!
We are expecting to reach our first two targets.
Previous comments from analyzing:
"After almost half a year of the downtrend in this currency, we can see some mid-term relief. Took Sell-stops liquidity on High time frame and trapped shorters. I see some upside potential here.
If our support level will hold and will be there strength then I have outlined two targets on the graph (buy-side liquidity).
If there will be any strength in our support, I will not step into this trade."
__________________________________________________________________________________________________________________
I do a daily observation of major currencies in forex and crypto. Do not miss any move, high-valued analysis or educational content.
Telegram: t.me/ADA_Public
Twitter: twitter.com/trader_ada
__________________________________________________________________________________________________________________
I've been analyzing for some time which exchange/broker is best for trading all-assets (crypto, forex, gold,..).
PrimeXBT (tight spreads, up to 1000x leverage, 24/7 support, lowest fees, no slippages, no overloads, quick withdrawals, No KYC).
go.primexbt.com/click?pid=507&am...
As we have published our trend reversal (on December 22 19') after a big downtrend in this currency we were absolutely true.
We also outlined how price will test our support. And it has happened. Price almost hit exactly to the pip our support (missed by 8 pips)!
We are expecting to reach our first two targets.
Previous comments from analyzing:
"After almost half a year of the downtrend in this currency, we can see some mid-term relief. Took Sell-stops liquidity on High time frame and trapped shorters. I see some upside potential here.
If our support level will hold and will be there strength then I have outlined two targets on the graph (buy-side liquidity).
If there will be any strength in our support, I will not step into this trade."
__________________________________________________________________________________________________________________
I do a daily observation of major currencies in forex and crypto. Do not miss any move, high-valued analysis or educational content.
Telegram: t.me/ADA_Public
Twitter: twitter.com/trader_ada
__________________________________________________________________________________________________________________
I've been analyzing for some time which exchange/broker is best for trading all-assets (crypto, forex, gold,..).
PrimeXBT (tight spreads, up to 1000x leverage, 24/7 support, lowest fees, no slippages, no overloads, quick withdrawals, No KYC).
go.primexbt.com/click?pid=507&am...
Comment:
Comment:
We have set up Discord for our community and here is a link:
discord.gg/3myy2DB
Please join and enjoy staying there
What is there?
- swings setups + live management of these setups
- weekly reviews
- requests charts for particular coins
discord.gg/3myy2DB
Please join and enjoy staying there
What is there?
- swings setups + live management of these setups
- weekly reviews
- requests charts for particular coins
Trade closed: stop reached