OPPORTUNITY FOR BUY EURGBP
Updated
We have the following indicators for a BUY opportunity:
• Low volume suggesting continuation of the current direction.
• Support at a monthly low level.
• Re-test 6M low + 3M low
• Reflection from the bottom of the parallel channel.
• Strong long-term support area.
• Bounce from the trend line.
We define 3 goals:
TP 1 = 40 pips
TP 2 = 100 pips
TP 3 = 200 pips
SL = -200 pips
• Low volume suggesting continuation of the current direction.
• Support at a monthly low level.
• Re-test 6M low + 3M low
• Reflection from the bottom of the parallel channel.
• Strong long-term support area.
• Bounce from the trend line.
We define 3 goals:
TP 1 = 40 pips
TP 2 = 100 pips
TP 3 = 200 pips
SL = -200 pips
Trade active
TP 1 REACHED 😊
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