Since mid-September top at 0.93, EurGbp's evolution has been very frustrating, with one day up, one day down, 2-3 days down, then reverse strongly, etc
The pair managed to drop almost 500 pips in this manner, but trading it was more of a gamble...
Now I think Eur finally reached an important bottom, support that acted as resistance/support all 2020.
The pair broke above the descending trend-line now and, if we look at the weekly chart, we can clearly see a bullish engulfing candle formation.
I'm bullish on this pair and I will look for opportunities to buy for a 0.9150 target
The pair managed to drop almost 500 pips in this manner, but trading it was more of a gamble...
Now I think Eur finally reached an important bottom, support that acted as resistance/support all 2020.
The pair broke above the descending trend-line now and, if we look at the weekly chart, we can clearly see a bullish engulfing candle formation.
I'm bullish on this pair and I will look for opportunities to buy for a 0.9150 target
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.