EURGBP POSSIBLE SCENARIOS

5 ก.ค. 2020

We've a number of possible scenarios from EURGBP trading Fiboancci prior on this pair, a break below 0.9000 and retest will set price to trade lower, which will also be a break below the BEARISH FLAG we have in place, which make a 61.8 Fibonacci correction to the upside,that's a confluence there and the next zone will be the target @ 0.8870

While a break up above the 0.9000 zone will take price back inside the BEARISH FLAG and the next zone for short term target will be at 0.9060 there about, a break above that will set price higher..

But then considering the big sell off of 2 days in last week that flush off the 2 weeks ranging buy we have over the last 2 week and also the bearish flag in place... i will like to see something like a retest and holding of the 0.9060 zone hold and downside continuation..

7 ก.ค. 2020

บันทึก

We've an 100% right prediction on EURGBP, we got a 38 Fibonacci retracement from the lower bound of the flag channel to the 0.9060 before we continue in the downtrend break below the FLAG and we are about 70pips in profit until now

0.8870 is still the target as the next zone level of support..

8 ก.ค. 2020

บันทึก

We locked in another 50pips profit today just as expected with the retest of the 0.9000 zone and we continue with the downtrend...