YaseenG.Housari

EUR/GBP Resistance-turned-Support

Long
YaseenG.Housari Updated   
FX:EURGBP   Euro / British Pound
this setup is to hot to miss people!!! is EUR is aiming to hike again ?the pair was falling since first day of the month and i'm not surprise finding a support level at 0.8800, cause if you take closely this level was a major resistance and if you pop up your fibonacci retracement level of the big move you'll notice that 50% fit perfectly on the same level, i'm not done yet; if you look closely on RSI you'll notice that sexy Bullish divergence as more confirmation to a bullish move, regardless of the Double bottoms, i can't say any more just the Odds in EUR favor
This trade is a good trade cause you have a good reward-to-risk ratio.
good luck homies
Trade closed manually:
greed always gets me but not this time i was waiting from last week to close it and you can see the price was 2 pips away from my target but I hold it, now i'm not doing this again. trade closed 0.8990 4 pips below our target.
Cheers!

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