Welcome members, old and new ones to this EURGBP hourly update.
If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on it or use it to understand the market.
Let's get back to the chart.
EURGBP is under the ascending triangle and technically these patterns are a bullish formation that anticipates an upside breakout. So, here's the deal, once EURGBP breaks out of this ascending triangle that is above £0.843, we can enter long. That will be a clear-cut confirmation. Exit the trade if it breaks down below £0.837.
Note: This is not financial advice. This trade setup is based on my T.A and I am risking my own money on this trade. I am reliable for my own losses and profits. So, trade as per your preference.
If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on it or use it to understand the market.
Let's get back to the chart.
EURGBP is under the ascending triangle and technically these patterns are a bullish formation that anticipates an upside breakout. So, here's the deal, once EURGBP breaks out of this ascending triangle that is above £0.843, we can enter long. That will be a clear-cut confirmation. Exit the trade if it breaks down below £0.837.
Note: This is not financial advice. This trade setup is based on my T.A and I am risking my own money on this trade. I am reliable for my own losses and profits. So, trade as per your preference.