Buying from strong Support levels are one of the simplest trades that a trader can execute. EURGBP is at such a situation right now. It has bounced from a multi-year support level but price didn't go too far away from the support level. So, traders have the opportunity to go long again. My plan is to keep buying the dips between 0.8300-0.8500 with SL below 0.82. I will set my TPs at 0.86, 0.8790, 0.9004 and 0.9315. This is a long-term swing trade
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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.