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
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.

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
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
Hi friend , what is the state now you think ?
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.
traderWgun traderWgun
But I prefer GBPCHF (inverted EURGBP) ATM, better entry lower risk.

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