Forex Free Signal – EURGBP possible moves
Here is my view about the future moves this pair can build. i’m in the sell already and after target is reached, will look for a buy setup as shown in the chart. Please remember: you must only trade these structures if you understand them well and have a well tested strategy you’ll use for money and trade management. Otherwise you may loose your money.
SHORT SIGNAL EUR/GBP
On the daily the last three candles have been doji indecision candles. RSI on the daily timeframe is currently over 82 and on H4 71 and falling. EUR BULLS are under pressure and EUR/USD is declining speedily. Risk reward on any EUR/GBP SHORTs is huge once we begin heading south. SHORT here (.9040) with a STOP at .91.07 with an initial target of 88.14.