capitalpropertiesfx

EURGBP - getting ready to go higher?

FX:EURGBP   Euro Fx/British Pound
95 2 3
It is possible that we might see further upside in this pair but first I'd like to see what happens when price reaches my Area of interest. If price action looks bullish there, then long pos             might not be a bad idea but keep in mind that higher TF trend is clearly down.
renato.tranchesi
2 years ago
Hey, just a question, how did you find these upsides targets?
Reply
capitalpropertiesfx renato.tranchesi
2 years ago
Picking targets is always very complicated. This particular target was chosen from the weekly chart (support, then resistance, then support again and then broken) + it lines up with the 38.2 fib level if you draw the fibs from the latest high (~~0.8812) to the recent lows (~~0.7765).
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out