MMBTtrader

EURGBP break trendline and retesting expected rise is coming

Long
FX:EURGBP   Euro / British Pound
As we can see simple and easy after huge fall on EURGBP now near daily support we have breakout of trendline and now price is retesting this breakout near support zone and expected path is green path with targets that shown :

Targets :
A. 0.8636
B. 0.8717
Red path :this falling scenario is valid if this support zone that shown with green rectangle break and then more falling expected all way to green trendline that is target of falling scenario too .
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.


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Comments

It sounds great. Looking forward for this
+2 Reply
I love this kind of posts when you do it rich
+2 Reply
Thanks for sharing
+1 Reply
nice analysis my friend
+1 Reply
@AM.98, thanks bro
Reply
good job, keep it up
+1 Reply
MMBTtrader Guapeva
@Guapeva, thank you bro
Reply
Good job!
🔥
+1 Reply
MMBTtrader Henry_Ross
@Henry_Ross, thanks
Reply
Thanks for this - I read your analysis and followed it and got in on the drop - rather than the rise. Whilst it wasn't 100% correct your prediction - your analysis and scenarios were correct and this alerted me to the trade. So thank you!

Any thoughts on when the next are of support will be?
Reply
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