capitalpropertiesfx

EURGBP - getting ready to go higher?

FX:EURGBP   Euro / British Pound
95 views
3
95 2
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.
Hey, just a question, how did you find these upsides targets?
Reply
capitalpropertiesfx renato.tranchesi
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
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Pine Wizards Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out