EURGBP-Long. Gartley pattern on Daily. Longterm Bias: EUR > GBP.
Long trade on Daily timeframe for EURGBP.
Gartley pattern formed perfectly on Daily timeframe.
Zig zag low point is reached and forming another bullish line.
RSI reached oversold level and crossed LSMA. Upward movement still in progress.
Trade details:
Entry at: The break of the Orange-color line. Around 0.88700 to 0.88750. The Orange-color line need to be broken before jumping in the trade.
TP: TBD. Maybe 0.90450
SL: TBD. Maybe 0.86455
At the moment price still forming the momentum to go upward. This is a swing-long-term trade.
Gartley pattern formed perfectly on Daily timeframe.
Zig zag low point is reached and forming another bullish line.
RSI reached oversold level and crossed LSMA. Upward movement still in progress.
Trade details:
Entry at: The break of the Orange-color line. Around 0.88700 to 0.88750. The Orange-color line need to be broken before jumping in the trade.
TP: TBD. Maybe 0.90450
SL: TBD. Maybe 0.86455
At the moment price still forming the momentum to go upward. This is a swing-long-term trade.
Comment:
Price forming an upward sign, hopefully soon enough to trigger our trade.
Comment:
Price still moving lower from our initial level, let's patiently wait for the market to move in our favour.
Comment:
Price starting to show upward momentum. Let's see how the day will end. Stay tuned.