Trade Signal Alerts On EURGBP
EURGBP is currently retesting a support level at 0.89574 after breaking out from a diagonal range at 0.90261.
Price moved in that matter creating lower lows to hit it's previous support price level at 0.88635.
Price is currently moving in a bearish direction. If price breaks the previous resistance level at 0.89454 acting as a strong support zone.
Open order around that zone and look forward to exit the market at next support zone at 0.89144.
Open Price: 0.89353
Target Price: 0.89144
Stop Loss: 0.89463
Order: SELL.
Alternative Scenario
When price breaks the middle point resistance zone at 0.90261, look to take a quick profit and exit the market at 0.90437.
Open Price: 0.90270
Target Price: 0.90437
Stop Loss: 0.90212
Order: BUY
EURGBP is currently retesting a support level at 0.89574 after breaking out from a diagonal range at 0.90261.
Price moved in that matter creating lower lows to hit it's previous support price level at 0.88635.
Price is currently moving in a bearish direction. If price breaks the previous resistance level at 0.89454 acting as a strong support zone.
Open order around that zone and look forward to exit the market at next support zone at 0.89144.
Open Price: 0.89353
Target Price: 0.89144
Stop Loss: 0.89463
Order: SELL.
Alternative Scenario
When price breaks the middle point resistance zone at 0.90261, look to take a quick profit and exit the market at 0.90437.
Open Price: 0.90270
Target Price: 0.90437
Stop Loss: 0.90212
Order: BUY
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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.
Related publications
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.