vj20_fx

Trendline Breakthrough

Long
FX:EURGBP   Euro / Livre Sterling
I have been waiting for either a downside or upside break on this pair and it has arried. Price did stop at trend however has a very small retracement before a very bullish candlestick broke through my trendline. I am now looking to go long only 50 pips to the beginning of my trendline treating price action as a 'falling wedge'. We may see a small retracement back to trend before price heads up so I am waiting for the 1hr candlestick to close before placing my trade.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.