vj20_fx

Waiting for Price to React

Short
FX:EURGBP   Euro / Sterlina
3
EURGBP has been very respectful of support and resistance lines and I do believe price will have a bullish reaction after breaking through this trendline. However I am not comfortable entering this position as we could see very strong retracements. On this pair, I will wait for price to reach 0.90300 before entering a short position. However, we could see downside momentum beginning at 0.88400 in that case I will look to enter there. For now, I will be keeping a close eye on this pair.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.