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SamrinaFarrukh2021

EURGBP Short Term Buying Buy (23.09.2021)

Short
Euro / British Pound (FX:EURGBP)  
SamrinaFarrukh2021  
FX:EURGBP   Euro / British Pound
Trend Analysis Chart Patterns
1
3
trendanalysis chartpattern
The overall trend is ascendant. The descending wave pattern of the H8 level is truncated. There is a bullish divergence on the Awesome Oscillator, and the moving averages of the Stochastic Oscillator left the oversold zone. The inclined channel of the descending pattern is broken through.

Trading idea:

Buy on the breakout of 0.8553 (when the ascending wave pattern is formed).
Buy Between 0.84900 ~ 0.85200
Stop Loss: 0.8440.

Target levels: 0.86300; 0.8650.
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