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EURGBP TARGET ON 2 JAN 17

killer195175 发布29 11月 为分析在 EUR/GBP , Target: 0.8290, 日期: 2 于 1月, 12:00 GMT  在 #Technical analysis #EUR/GBP #Breakdown #Symmetrical Triangle #Support/resistance
Technical Tools Used
Support and resistance (S/R), Price levels, Trend lines. Price action, candlesticks, shapes like ellipse.
Weekly Chart
As it is very clear from the chart above that the pair is in a symmetrical triangle and the Euro region showing signs of weakness and I expect the trend line being kissed by the pair to be broken soon and the pair may even break the horizontal support shown in the chart and take support on the rising trend line. In this case the price will reach and stuck i…
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Elens94 avatar
Elens94 1 12月

Good work

killer195175 avatar
killer195175 17 12月

the pair has broken the trendline as expected and after break it has touched and bounced off the horizontal line. I expect the pair to break horizontal line too in coming days. But holiday in the coming weeks can slow down the momentum. In that case also we will see Pair near our target of .8290. Image is attached for reference.

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GBPUSD OCT 4 2016

killer195175 更新4 10月  在 #Breakout #Gbpusd #Traders Contest #Pullback #Downtrend #Support/resistance
GBPUSD has finally broken after consolidation. The next level can be seen as the target of the rectangle pattern which is the height of the rectangle. The falling trend line however will oppose any up move in the price. I am already short in the pair from 1.28440 levels with stop at 1.30000 and take profit at 1.27000
The idea is to sell near the trend line and keep a stop loss on the upper side of the trend line.
Please leave your valuable comments in connection with this trade setup.
Happy Trad…
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