EURGBP Buy trade idea 27 04 2021
BUY EURGBP 0.8692
SL: 0.8662
TP1: 0.8712
TP2: 0.8732
TP3: 0.8752
*Trading conditions may differ between account types and brokers.
Signal Analysis by LCMS Traders
Currency Pair: EURGBP
BUY EURGBP 0.8692
Timeframe: H1
Step 1 - Previous News: EUR: German ifo Business Climate indicated a lower-than-expected increase, GBP: -
Step 2 - Trend: Up to Across, Trend Following
Step 3 - Support/Resistance: Moving Towards Resistance
Step 4 - Indicators
- Bollinger Bands: within
- MACD: fast up, slow touch
- Stochastic: H4 heading up
- PSAR: bearish
Step 5 - Upcoming News: EUR: -, GBP: -
Edited 29 Apr 2021, 11:38
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