EURGBP Trading Sideways Manner: Potential Trade Opportunities
Our last call was a short entry based on a trendline breakout. We have reached our targets and trade was closed. - See attached -
EURGBP trading sideways manner within a rectangle. On the bigger charts, the pair is trading on an ascending trendline.
On the smaller chart, an inverse head and shoulders pattern is being printed. Long opportunity at the breakout of the neckline. The targets will be 0.90250 and 0.90550.
A bearish breakout of the neckline and the rectangle can be used as a short opportunity. The targets will be 0.89300 and 0.89000.
Entry notification will be sent to members.
EURGBP trading sideways manner within a rectangle. On the bigger charts, the pair is trading on an ascending trendline.
On the smaller chart, an inverse head and shoulders pattern is being printed. Long opportunity at the breakout of the neckline. The targets will be 0.90250 and 0.90550.
A bearish breakout of the neckline and the rectangle can be used as a short opportunity. The targets will be 0.89300 and 0.89000.
Entry notification will be sent to members.
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