CartoonForex

EURGBP ANALYSIS. BUY AFTER COMFIRMATION

Long
CartoonForex Updated   
FX:EURGBP   Euro / British Pound
The whole trend on the monthly to daily time frame is uptrend. On the daily i noticed the price has tested the neckline of the W pattern and the price is expected to go up in order to form M pattern.

if the price crosses 0.53450, we are good to go. we are expected to take profit at 0.83533. we are expected to make ovwe 100 points. That is a good trade, isn't it?

Comment:
You can lock your profit.

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