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Eurgbplong

EURGBP: LONG Idea on this CHANNEL'S SUPPORT levelHi traders and welcome to my channel, if you enjoy my FREE Technical Analysis , support the idea with a big LIKE 👍 and don't forget to SUBSCRIBE my channel, you won't miss anything! TECHNICAL ANALYSIS: Since December, the price started following a clear descending channel, many bounces on the dynamic support level confirmed this channel. At the end of December, the price reached a daily resistance zone at about 0.90882, getting a strong rejection and it also failed the second attempt happended during the first week of January. The price actually reached an important area for two reasons, the first one is the dynamic channel's support and the second reason is about the weekly secondary trendline, that previously rejected the price three times. The next price action is essential to understand the next market's movement. CONCLUSION: I believe the price will get a trend correction, trying to reach the next resistance level. The volatility is actually high and the price overbought, that is essential to know in this specific moment. IF THE PRICE will clearly bounce on the support level, we could get a great long opportunity, my first target is around the level 0.89900 and eventually the price will continue the uptrend I'll hold my position until the next resistance zone at about 0.90900. Stay tuned for updates! What's your opinion? Share your idea writing a comment! Trade Safe and Responsibly Gianni
Long
by FXtrades-gp
7
EUR/GBP could get interesting to BUY!Hey tradomaniacs, EUR/GBP could get interesting if we see momentum back into the Trendchannel and above Key-Support👉 Since EUR/GBP is not trendy in the bigger timeframe and more in a volatile consolidation we can expect EUR/GBP to move up again of we don`t see a violation of the key-support-zone. Market is generally very quiet today, so be carefully with volatility and shake-outs. LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me.
Long
by Trading2ez
2
EURGBP - SWING - 30. DECE. 2020Welcome to our weekly trade setup ( EURGBP )! - 1 HOUR Bearish turn after strong bullish pressure. 4 HOUR Good long enties, prices moving within our range now. DAILY Overall bullish market in a pullback. - FOREX SWING BUY EURGBP ENTRY LEVEL @ 0.90290 SL @ 0.89670 TP @ 0.91870 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Long
by DACapitalTrading
42