Mainly, we are looking for trades based on the trend.
That's why we love to see a decent trending market.
There is a good opportunity on the EURGBP.
Now we have a confirmed uptrend on the hourly chart - higher highs and higher lows.
The support zone is at 0,8646-67.
Once we see another upside move, we expect price reaching 0,8721 and 0,8755.
As an extra confirmation and entry signal you could wait for a specific candle that gives you a single and a close above previous high.
That's why we love to see a decent trending market.
There is a good opportunity on the EURGBP.
Now we have a confirmed uptrend on the hourly chart - higher highs and higher lows.
The support zone is at 0,8646-67.
Once we see another upside move, we expect price reaching 0,8721 and 0,8755.
As an extra confirmation and entry signal you could wait for a specific candle that gives you a single and a close above previous high.
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❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.