EURGBP Re test and Long
Weekly TF:
Bearish pressure rejecting the top of the channel
Daily TF:
Re test of an ascending trend line / top of channel
4hr TF:
Consolidation at support level 0.88850
1hr TF:
Trading above all 3 ema zones. 50ema just crossed the 20 ema
Entry:
Above the high of friday’s close candle
Stops/Targets:
Stops below the last daily swing (below the 200 ema) targets are a 127.2 FIB ext at 0.9000
Bearish pressure rejecting the top of the channel
Daily TF:
Re test of an ascending trend line / top of channel
4hr TF:
Consolidation at support level 0.88850
1hr TF:
Trading above all 3 ema zones. 50ema just crossed the 20 ema
Entry:
Above the high of friday’s close candle
Stops/Targets:
Stops below the last daily swing (below the 200 ema) targets are a 127.2 FIB ext at 0.9000
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.