EURGBP is down on RSI and Stochastic level.
Expecting hold it’s resistance, since low volatility.
Took entry below 0.90 level near mid Bollinger Brand (BB).
Up trend seem exhausted and could break below mid BB to support zones expect. So think and believe major move to down trend is coming.
My entry was 0.8960 with stop loss 0.9131 and probable target 0.87 and then 0.85
Please note, this a 13 weeks trade setup maximum.
Expecting hold it’s resistance, since low volatility.
Took entry below 0.90 level near mid Bollinger Brand (BB).
Up trend seem exhausted and could break below mid BB to support zones expect. So think and believe major move to down trend is coming.
My entry was 0.8960 with stop loss 0.9131 and probable target 0.87 and then 0.85
Please note, this a 13 weeks trade setup maximum.
Note
Eurgbp hit stop loss.
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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.