4H Forex Trend Following Strategy With 200 MA

The downtrend of EUR/GBP shows that EUR/GBP will probably touch a major trendline, and it will touch the targets 0.9000 - 0.9060. By following the Moving average, I suggest traders buy at a price after the above crossing of Price the MA 200 and sell at a price below the 200MA.

But because of an election, there is a possibility of fluctuations. Therefore maybe the trend falls from the major resistance trendline and touches the support trendline by crossing the levels 0.8960 - 0.8920.

İşlem kapandı: hedefe ulaştı:

All target of EUR/GBP has reached.