Eurgbpbuy
EURGBP: Bullish Idea & Trade PlanEURGBP is at the critical resistance area around 0.9075
The first impulsive move up is completed followed by the correction. At present, it's creating the second leg up.
The Fibo Extn. 100% coincides with the rising channel top at 0.9250 which is the next target once it breaks above 0.9075 and successfully re-tests it as a support.
The two possible variations of this bullish idea could be:
1. It breaks above the immediate resistance around 0.9075 and completes the second leg up.
2. It ranges between the support at 0.8860 & resistance at 0.9075 for a while and then pushes upward to the target.
Invalidation of this bullish setup would be the break below 0.8860
GOOD LUCK FOR YOUR TRADES !!! PLEASE SHOW YOUR SUPPORT IF YOU LIKED THE IDEA
EURGBP - SWING - 09. JUNE. 2020Welcome to our weekly trade setup ( EURGBP )!
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1 HOUR
Bullish price action occured!
4 HOUR
Close above main sr level, prices trading above now..
DAILY
Good long entries overall, expecting another push to the upside!
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FOREX SWING
BUY EURGBP
ENTRY LEVEL @ 0.89240
SL @ 0.88740
TP @ 0.89980
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
EURGBP Idea primera Idea para la primer semana de mayo. El análisis esta fundamentado en soporte y resistencia "operando zonas de consolidación", ademas se usa un FIBO para medir el posible retroceso y de esta manera tener una entrada muy limpia y segura. también nos apoyamos de medias móviles buscando que el precio vaya en busca de las medias móviles para tomar un impulso a la alza.