traderWgun
Long

EURGBP - looking to long

FX:EURGBP   Euro / British Pound
277 11 1
Pretty clear. But I will look for a buy signal before entry. I will keep you posted.
out +100 pips. Bearish RSI divergence on 4H
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Broke channel and retested it. next trg is equal legs at .8640 where we also find the 61.8'5 fib from the .8800 to 8400 decline.

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great analysis mate. I went long at .8450. Other traders are looking at a bearish scenario but its to early to tell. Thats why it's important to do your own T.A
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traderWgun san.leon.142
Thx, mate. There is of course bearish potenial, but triangels are almost all the time trend continuation indicators,
but also we have this channel right here
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Hi friend , what is the state now you think ?
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traderWgun nawras.elghorani
Hi! The daily close will be very important. In the past we have spiked above the desending tredling, but failed to close above it. If we close above I will look to add to my eurgbp long.



Watch 8550, could be very important. A strong clean break of 8550 is a very good sign. If we fail at 8550 look to cover and maybe enter lower.
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traderWgun traderWgun
But I prefer GBPCHF (inverted EURGBP) ATM, better entry lower risk.

Good luck!
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wow , so accurate observation you should be trader W sniper , I am in .
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what is the signal you wait to see?
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