forextidings

4H Forex Trend Following Strategy With 200 MA

forextidings Updated   
OANDA:EURGBP   Euro / British Pound
The downtrend of EUR/GBP shows that EUR/GBP will probably touch a major trendline, and it will touch the targets 0.9000 - 0.9060. By following the Moving average, I suggest traders buy at a price after the above crossing of Price the MA 200 and sell at a price below the 200MA.

But because of an election, there is a possibility of fluctuations. Therefore maybe the trend falls from the major resistance trendline and touches the support trendline by crossing the levels 0.8960 - 0.8920.
Trade closed: target reached:
All target of EUR/GBP has reached.

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