Get started

Eurgbplong

EURGBP – Bullish continuation expected the week of 17 Jan 2023The following describes the recent price action: - bullish trend followed by - consolidation & formation of a double bottom. - price holding above the 50EMA. - an minor break out above the range. - pullback to the range held by the significant support around 0.8500. Since the preceding trend was bullish and price has been forming higher lows and highs, a trend continuation is likely. I am expecting that next week will see this happen. Targets can be around the next S/R level in the 0.8980 region. Always use sound money and risk management and stay patient in all your trades. If you like my analysis, please give it a “thumbs up” and follow me to get even more awesome content. What do you think about this trade idea? Please comment and share your thoughts!!
Long
by Trading_Vista
2