EURGBP sell trade idea 14 07 2021
SELL EURGBP 0.8517
SL: 0.8547
TP1: 0.8497
TP2: 0.8477
TP3: 0.8457
Signal Analysis by LCMS Traders
Currency Pair: EURGBP
SELL EURGBP 0.8517
Timeframe: H1
Step 1 - Previous News: EUR: French Bank Holiday Today, GBP: UK CPI y/y increased
Step 2 - Trend: Across, Trend Following
Step 3 - Support/Resistance: Breaking Through Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: both down
- Stochastic: H4 heading down
- PSAR: bearish
Step 5 - Upcoming News: EUR: -, GBP: MPC Member Ramsden Speaks tomorrow 0100hrs
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.