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UnknownUnicorn180388
Nov 11, 2018 7:23 PM

EUR.GBP - .8700 Daily Rejection + Intraday Trend Change Long

Euro Fx/British PoundFXCM

Description

Currency Pair: EUR.GBP
Time Frame: Daily, 4hr & 1hr
Predicted Direction: Long

EUR.GBP updates will be available in the comments section below.

The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.

Comment

Price failed to pullback invalidating a trade opportunity.

Comment

We get the large daily pop, looking to take advantage of this move into early next week.
Comments
MASOOD1364
UnknownUnicorn180388
@MASOOD1364, nice chart, I'm looking at something similar.
DACapitalTrading
What do you think about this chart?
EclipseTradingSolutions
Hi Tom,

im looking at this too and kinda seeing the same, but price as now pulled back, as im still learning id love to hear your view on this opportunity? as price has pulled back (maybe later than expected) would you still consider this trade invalid?

UnknownUnicorn180388
@JonMc4, Hi,

Once the market gapped to the upside at the start of this weeks session the indicators i use no longer align so invalidates the trade opportunity for me.
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