EUR/GBP BUY SIGNAL Hey tradomaniacs,
welcome to a new free trading-setup.
Notice: This is meant to be a preparation for you! As always we need to wait for a confirmation.
EUR/GBP: Day-Swingtrade-Preparation
Market-Buy: 0,90715
Stop-Loss: 0,90080
Target 1: 0,91400
Target 2: 0,91670
Target 3: 0,92175
Stop-Loss: 63,5 pips
Risk: 0,5-1%
Risk-Reward: 2,30
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Peace and good trades
Irasor
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Eurgblong
EURGBP Approaching Support, Potential BounceEURGBP is approaching its support at 0.8926 (61.8% & 50% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 0.9008 (50% Fibonacci retracement, horizontal pullback resistance).
Stochastic (89, 5, 3) is approaching its support at 6.4% where a corresponding bounce could occur.