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FMTradingTeam
Jul 8, 2020 10:51 AM

EURGBP UPDATE Long

EUR/GBPOANDA

Description

Previously analysed posted in our premium group, EURGBP came to a strong support zone with price alert activated we then entered at confirmation of pivot point.

RSI when into oversold at support

Price below moving average

entered to positions

TP1 being at the 382 FIB which was hit

TP2 Being just below full retracement, SL changed to entry point as a few key resistance zones we have to pass
Comments
TradeXMBL
I Would of agreed if I didn't see many price rejections on the 1h time frame and lower time frames as well. It will go lower a little bit more before spiking back up again.
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