EURGBP has broken out of the Kumo cloud on H4.
With Chikou Span above the cloud and Tekan above the Kijun, the pair looks bullish now.
However, the pair is also at the trendline level, and RSI is at overbought zone, indicating a potential sell...
If the pair breaks the trendline and candle closes above the trendline, I will long.
SL will be around 0.8440 and TP will be at 0.8590.
Trade with care, traders.
With Chikou Span above the cloud and Tekan above the Kijun, the pair looks bullish now.
However, the pair is also at the trendline level, and RSI is at overbought zone, indicating a potential sell...
If the pair breaks the trendline and candle closes above the trendline, I will long.
SL will be around 0.8440 and TP will be at 0.8590.
Trade with care, traders.
Trade closed: target reached