The808Trader

EUR/GBP Long Trade Idea

Long
FX:EURGBP   Euro / Sterlina
I am looking for a trend continuation trade on this pair. We've been on a nice bullish run here, and I am looking to enter if that trend can break resistance around .8993 If we can break that level then it should start acting as support for further bullish movement. I may also enter off a tenken sen bounce, but I tend to like resistance level broken trades since it shows strength. I've targeted a level of strong support/resistance as my first TP. If this breaks I may aim as high as .9200 if my bullish signs hold.

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