Eurgbp Buy H1 !!! Trend continuation

30 giu 2020

Eurgbp is trending nicely to the upside creating higher highs and higher lows with very small replacements. Because of this, along with the fact that it is above my 100 Moving average i will be looking for buys only.. if price manages to hold above the trend line drawn i will be taking a buy placing stops just below 50 % Fib. if price breaks below this trend line i will be monitoring price action on the previously broken resistance now turned support.