Get started
chewbaccaboi

Bullish Retracement on EURGBP (3/12/20)

Long
Euro / British Pound (OANDA:EURGBP)  
chewbaccaboi Updated   
OANDA:EURGBP   Euro / British Pound
Wave Analysis Trend Analysis EUR GBP EURGBP LONG Forex
0
0
waveanalysis trendanalysis eur gbp eurgbp long forex
The yellow lines represent the new range in EURGBP. Within this range, the 0.618 golden fib might be a good place for long entries.

The velocity of the retracement is a little intimidating so targeting a slightly less than 1:3 RR.

All the best!
Trade active
Trade closed: target reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.