UnknownUnicorn6034472

EurGbp | Trend reversal confirmed

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UnknownUnicorn6034472 Atualizado   
FX:EURGBP   Euro / Libra Esterlina
EurGbp trend reversal confirmed!

As we have published our trend reversal (on December 22 19') after a big downtrend in this currency we were absolutely true.

We also outlined how price will test our support. And it has happened. Price almost hit exactly to the pip our support (missed by 8 pips)!

We are expecting to reach our first two targets.

Previous comments from analyzing:
"After almost half a year of the downtrend in this currency, we can see some mid-term relief. Took Sell-stops liquidity on High time frame and trapped shorters. I see some upside potential here.

If our support level will hold and will be there strength then I have outlined two targets on the graph (buy-side liquidity).

If there will be any strength in our support, I will not step into this trade."

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