EUR/GBP | Potential Upward Movement
💡 Trade Idea
📈 Buy Limit EUR/GBP @ 0.9000
🎯 Target Profit 0.9125
🛑 Stop Loss 0.8939
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The price failed to close below the daily support 0.8866, and it posted a double bottom indicating a reversal from downtrend to an uptrend. Now, the price is trading around the neckline of the double bottom and we expect a lower correction before a move upward to the 0.9125 mark.
📈 Buy Limit EUR/GBP @ 0.9000
🎯 Target Profit 0.9125
🛑 Stop Loss 0.8939
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The price failed to close below the daily support 0.8866, and it posted a double bottom indicating a reversal from downtrend to an uptrend. Now, the price is trading around the neckline of the double bottom and we expect a lower correction before a move upward to the 0.9125 mark.
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