Don't miss the great buy opportunity in EURGBP Long

Euro Fx/British PoundFXCM

Description

⋅ Apr 3, 2020 12:25 PM

Trading suggestion:
There is a possibility of temporary retracement to suggested support line (0.8769). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. EURGBP is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.

Take Profits:
TP1= @ 0.8866
TP2= @ 0.8910
TP3= @ 0.8994

SL= Break below S2

Comments

ben32

⋅ Apr 3, 2020 12:34 PM

thank chef your the best

ForecastCity

⋅ Apr 3, 2020 2:11 PM

@ben32, Thanks for your comment. We hope you enjoy it.

Forecast_Crypto

⋅ Apr 3, 2020 12:26 PM

Thank you again for sharing your ideas.

ForecastCity

⋅ Apr 3, 2020 2:11 PM

@Forecast_Crypto, You're welcome.

sara-kian-fx

⋅ Apr 3, 2020 3:45 PM

I think I'm gonna trade this one, thank you for sharing this Amazing content.

ForecastCity

⋅ Apr 3, 2020 4:29 PM

@sara-kian, You're welcome. we hope you make maximum profit out of it.

Forecast_Crypto

⋅ Apr 3, 2020 12:26 PM

This is a legitimate analysis. Great work!

ForecastCity

⋅ Apr 3, 2020 2:12 PM

@Forecast_Crypto, Thanks. Do you have any idea for EUR GBP?

refaey

⋅ Apr 3, 2020 3:03 PM

Fully agree - in fact, my long-term target is 0.97, then parity. Great job with the chart - thank you for sharing.

ForecastCity

⋅ Apr 3, 2020 4:29 PM

@refaey, You're welcome. We are so happy you liked it.