Day = 2019.03.27
Pair = EURGBP
Time Frame = Hourly
Results of analysis of the daily pivot point calculations :
I see this pair still in strong bearish movement . If this pair can break the 0.8506 support level, I predict this pair will go down to the next support at 0.8456 But if this pair go up and break 0.8557 resistent level, I predict this pair will make some correction to the next resistent level at around 0.8607
Sell signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Sell with stoploss at 0.8541 and take profit at 0.8456
my advice .. don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.
This calculation is not a reference to create the opening position but merely an approximate calculation of the price movement. I am not responsible for any errors that occur because the only information from the previous calculation
1 Resistance level 0.86989
2 Resistance level 0.86743
3 Resistance level 0.86341
1 Supportind level 0.85971
2 Supporting level 0.85557
3 Supporting level 0.85362