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If a M15 close above 0.8680 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.8510 sell only and do not buy. If price closes back above it again do nothing
The range 0.8680 and 0.8510 is neutral area, any trade done in between is personal decision and not part of this analysis
movement tried to reach to a point higher than 0.8600. movement must reach to the point of 0.8800. support from the Stop loss below 0.8500 0.8489 point.
use a buy stop at 0.8700 and target position to the point of 0.8800
If a M15 close above 0.8660 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.8510 sell only and do not buy. If price closes back above it again do nothing
The range 0.8660 and 0.8510 is neutral area, any trade done in between is personal decision and not part of this analysis
If a M15 close above 0.8680 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.8590 sell only and do not buy. If price closes back above it again do nothing
The range 0.8680 and 0.8590 is neutral area, any trade done in between is personal decision and not part of this analysis
If a M15 close above 0.8680 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.8510 sell only and do not buy. If price closes back above it again do nothing
The range 0.8680 and 0.8510 is neutral area, any trade done in between is personal decision and not part of this analysis
If a M15 close above 0.8680 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.8510 sell only and do not buy. If price closes back above it again do nothing
The range 0.8680 and 0.8510 is neutral area, any trade done in between is personal decision and not part of this analysis
If a M15 close above 0.8650 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.8510 sell only and do not buy. If price closes back above it again do nothing
The range 0.8650 and 0.8510 is neutral area, any trade done in between is personal decision and not part of this analysis
As we can see from H4 chart, stochastic is moving up.EUR/GBP might go up to pivot @0.8610. If it's still close below pivot, then EUR/GBP might go down to 0.8578
As we can see from H4 chart, stochastic is moving up.EUR/GBP might go up to pivot @0.8610. If it's still close below pivot, then EUR/GBP might go down to 0.8578
The EUR / GBP has made a pullback to 0.86 yesterday.
The course is now trying to bounce back after finding support at this level.
The price is still above its downward sloping (purple line on the graph).
The indicators are somewhat mixed.