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FUNTRADER-Vera
Oct 6, 2020 3:18 PM

0610 EURGBP update inside the channel FOR 150 PIPS Short

Euro Fx/British PoundFXCM

Description

Hello traders,

EURGBP is still running inside the downtrend channel.
It has been rejected again from the channel agaian by making a new swing.
It is possible for it to finish 5th wave down to 0.89700 to make 150 pips.

Good luck!!!
LESS IS MORE!
Comments
alazae
And it takes too long
FUNTRADER-Vera
@alazae, ah, yes, like audnzd, eurgbp usually used to decide which pair to trade, EURUSD OR GBPUSD.
SunnyHillCapital
Seriously amazing work, thank you for sharing with us!
alazae
Men, this is a ratio pair.
I dont think too much to run for profit.
FUNTRADER-Vera
@alazae, I would not suggest to trade this too much.
FUNTRADER-Vera
@alazae, It is better focus on EURUSD or GBPUSD to trade for profit.
FUNTRADER-Vera
@alazae, still thank you for your comments.
harisonhbn9718
But in the case Sterling Pound is ok, and then, that favorous for the advanced and peogress of the post Brexit trade as Europe is going to sink!!!
FUNTRADER-Vera
@harisonhbn9718, yes, Pound is still good on wkly chart and daily chart.
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