EURGBP 200MA breakout setup 1H
Price broke the 100MA and then tested the 200MA showing signs of rejection but failed to continue lower. Finally, after some resistance, price broke the 200MA leaving some room for more upside potential.
Stop loss: 0.70966
Take profit: 0.71406
Break even at: 0.71260
Setup probability: 45-50%
Status: closed (-1R)
Stop loss: 0.70966
Take profit: 0.71406
Break even at: 0.71260
Setup probability: 45-50%
Status: closed (-1R)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.