NateFX
Long

EUR/GBP 1Hr chart prediction - (If markets move )

FX:EURGBP   Euro / British Pound
Okay so far ive looked at a few Resistances and Supports made in the Day charts

the Black line is the resistance/support made from the day chart,
while the Turquoise line is the resistance made from the double top within the channel.

What I am suggesting is a buy at the 0.7258 - 0.7300 range where it meets the up trend channel.
if it doesnt meet the trend with the torquoise line then be careful for the next trend downward

This should occur within the next 3-4days base on the distance between the current price and the channel/ support

*Notice the Double top formed in the channel broke out to the Black line Resistance
* Notice: the black line is a strong ressitance from the Day chart - the pair bounced right off of it.


ps dont mind the white price bubble, I was just doing some hindsight analysis or retrospect what ever you like to call it.

anyways enjoy and please comment!

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out