EURGBP - Trend Line Break

FX:EURGBP   Euro / British Pound
Hi everyone, I am an amateur trader who has been following signals for a while. I have done some forex courses online in my free time to learn the basics and now try and do my own analysis and set my own trades. I have been following some people on here and there has been a great knowledge base. Hopefully will continue with some courses soon.

If anyone has any tips or comments, I would greatly appreciate them, so feel free to add them in the comments, after all knowledge comes with experience. Happy trading, hope everyone is well during these times.

EURGBP - Previously I was thinking this would break current resistance and go long to around 0.5 fib support at the 0.9000 level. However now considering a retest of the trendline and a potential sell?


The RSI is low brother (means this is END of the bearish trend) and there is a double bottom pattern.
@arshyatm, Thanks for the comment bro, I have re evaluated and took a Long position now, will holdout this time round.
+1 Reply
4hr chart I see a double bottom plus a demand zone
@ReeceFx1, Thanks for the input mate, didn't take into consideration the demand zone
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About 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 Private Messages Chat Sign Out