EURGBP has had an impressive bullish run in the last couple of days. After breaking out of the ascending triangle formation on the 15mins time frame, we are expecting some more bullish run from this pair (possibly). EURGBP is expected to find support at breakout region at point (A) as indicated on the chart.
Trade recommendation;
Buy at any point within support zone provided by upper and lower band of the broken ascending triangle 0.80100/0.80210
Stop loss should be below 0.79790
Take profit: 50-70pips from entry point.
Disclaimer: Our trade advice is only informative. #TradeAtYourOwnRisk
No comments:
Post a Comment