EUR/GBP broken uptrend - Heading to 0.8407
M Formation has formed over the last month.
The price also broke below the uptrend, which signalled strong downside to come.
The EUR is not looking good along with other other counterparties.
And we have further downside signals like.
21>7
Price<200
RSI<50
Target 1 will be all the way to 0.8407 which gives this potential trade a Risk to Reward of 1:1.8
The price also broke below the uptrend, which signalled strong downside to come.
The EUR is not looking good along with other other counterparties.
And we have further downside signals like.
21>7
Price<200
RSI<50
Target 1 will be all the way to 0.8407 which gives this potential trade a Risk to Reward of 1:1.8
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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