ForecastCity

💡EURGBP Second Chance: Profit=612 SL=136 Reward/Risk > 4.5:1

Long
FX:EURGBP   Euro / British Pound
Second Chance Trade Setup summary:

Profit targets= 612 = {TP2 = 57 + TP3 = 105 + TP4 = 160 + TP5 = 290}
Stop Loss = 136 pip
Reward/Risk > 4.5 : 1

New Trading suggestion:
". There is still a possibility of temporary retracement to suggested support line (0.9000) again.
if so, traders can set orders based on Price Action and expect to reach short-term targets."

New Take Profits:
TP2= @ 0.9057
TP3= @ 0.9105
TP4= @ 0.9160
TP5= @ 0.9290

SL= Break below 0.8965

--------------------------------------------------------------------------------------------------

Current Status of First Buy:

Total Profit: 463 pip
Closed trade(s): 183 Profit
Open trade(s): 280 Profit

Trade Setup:
We opened 5 BUY trade(s) @ 0.8937 based on 'previous Forecast' at 2020.12. 01 :

Closed Profit:
TP1 @ 0.9000 touched at 2020.12. 01 with 63 pip Profit.
TP2 @ 0.9057 touched at 2020.12.02 with 120 pip Profit.
63 + 120 = 183

Open Profit:
Open trade is 0.9007 (current price) - 0.8937 (open price) = 70 pip
4 trade(s) still open, therefore total profit for open trade(s) is 70 x 4 = 280

Technical analysis:
. EURGBP is in an uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 55.

❤️ If you find this helpful and want more FREE forecasts in TradingView

. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!

❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex trader?

Now, It's your turn!
Be sure to leave a comment let us know how you see this opportunity and forecast.

Trade well, ❤️
ForecastCity English Support Team ❤️
HighAccurate forecast for
★36 Forex Pairs: 916.000 pips track record profit
★34 Cryptos
★Gold, Silver, Oils, Gas
★Best Profitable Trading Strategies

in 9 languages

since 2007

http://www.ForecastCity.com
★FREE Telegram http://t.me/forecastcity_com

Comments

Excellent and Comprehensive analysis.
+2 Reply
@Lizabet, Thank you for your comment. We appreciate it
+1 Reply
Brilliant work. Keep rocking.👍
+2 Reply
ForecastCity Mesutkashmar
@Mesutkashmar, Thanks for your support
+1 Reply
ForecastCity Mesutkashmar
@Mesutkashmar, We appreciate it and wish you the best of luck.
+1 Reply
keep up professional charting.
+1 Reply
ForecastCity Josef_anderson
@Josef_anderson, Sure. We always do and that's our pleasure.
Reply
🍁 I love your incredible ideas 🍁
+1 Reply
ForecastCity Kristalyn
@Kristalyn, We appreciate your support.
Reply
Upvoted! 👌
+1 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out