EURGBP long
hello everyone, price has been bearish and reached the main daily weekly support level... looking in 4hr tf, the price made new high and new high low... price is trending to bullish direction... price is not showing a strong bearish move, therefore price is liquidating and may become more bullish.. price may pull back to correction point 1 or 2.. however price is getting closer to 200sma... once price crosses 200sma price will remain bullish... at this point there is no confirmation as price is still ranging..
Uwaga
price corrected around 0.8456 which is wihin the support trendline rangeUwaga
price corrected from correction 2 point..Transakcja zamknięta: osiągnięto wyznaczony cel
took long but target hit.. price is still bullish in daily chart but next target is 0.8612 resistance.. will update the next analysis... this took 2 months for price to reverse after GBP lower interest rate
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