ForexRobotNation.com – Best Forex Robot & Expert Advisor Reviews Forex Robot, Expert Advisor EUR/GBP Long-Term Trend: Bullish
Key Resistance Levels: 0.8482, 0.8534, 0.8575
Key Support Levels: 0.8374, 0.8325, 0.8267
Daily Chart:
The price on the higher time frame has been trading in a range for months and after facing a rejection from the downside recently the price picked up momentum. We see that the upper range has been broken and we should expect further move in the direction.
EUR/GBP Medium-Term Trend: Bullish
1-Hour Chart:
On the lower time frame, the pair is moving in the major trend’s direction. The pair has formed higher highs and there is a trendline that is being respected. We saw a breakout of a minor resistance level and the price has done a retest of that level before continuing the trend.
Signal Idea:
Buy Limit Order @ 0.8429
TP 1 @ 0.8474
TP 2 @ 0.8519
Stop Loss @ 0.8384
Trade Safely 🙂
Has there been any updates to this open trade since Monday as it appears to be pulling back after a decent run up to, but not quite htting TP1?
Hi,
For this trade SL was moved to 0.8408 today pls. check the VIP group for the update post.
Thanks
Hii,
Is this trade still working or not?
Because it broke it’s trend line, which you made, will we hold this trade or what?
Hi,
This trade is still open and will be updated if there is any change.
Thanks
I’m not in a VIP group, will you update in your free channel also?
VIP is updated more frequently but yes it could be updated in the free group as well.
I been following ur signals almost every day and I have to say that I’ve been making good profits on my demo despite small losses here and there. I plan to join the the vip very soon as I’m testing the waters. I want to swing trade because I’m a beginner.
Hi,
Thanks! I’m glad to know that and yes it is wise to try out swing trades if you’re a beginner.
All the best.