fxsignals4pips

Is EURGBP ready to break out?

Long
FX:EURGBP   Euro / British Pound
EURGBP tests a redrawn trend-line. Keep in mind that trend-lines can be redrawn. In fact, there are multiple methods of drawing trend lines using the best fit method or connecting the two origin points. This is a re-drawn trend-line using the absolute extreme points instead of the previous best fit line.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.