EURGBP ANALYSIS

DAILY - RECENTLY BROKE OUT OF BEARISH TREND LINE & RESTESTED ( TOOK TRADE AND WON )
H4- RECENTLY BROKEN OUT OF ICHIMOKU CLOUD

TRADE ( LONG )
- SHALL BE PATIENCE AND WATCH THE AREA OF 0.5 - 0.618 RETRENCHMENT
- IF A CONFIRMATION OF ASCENDING TREND-LINE ( LONG WICKS OF CANDLES ( WAITING FOR 2 CANDLES OR MORE FOR CONFIRMATION ) TO GO LONG

TRADE ( SHORT )
- IF PRICE ACTION BREAKS OUT OF ASCENDING TREND-LINE, SHORT

Trade active:

BEATIFUL TRADE. THIS WEEK GBP IS HIGHLY ACTIVE. WON A TRADE W GBP JPY WITH 300+ PIPS. PATIENCE PAYS