立即開始
英鎊 / 歐元
做多

GBPEUR Breakout up-move going to persist?

403
Price gave breakout above the year long consolidation, structurally the consolidation seems like a complex inverse head and shoulder pattern, which eventually broke above the level of 1.1630 (Neckline of the formation). The whole consolidation structure is at support of multi year rising trendline, taking support of which price has shown multiple bounce backs in the upper direction.
We are expecting a sustained up-move and eventual breakout of 1.216 which was previous upswing's high. Bullishness is going to persist for the next 1-2 quarters.

Resistance 1: 1.1934
Resistance 2: 1.2131
Support 1: 1.1510

For fresh entries, I would wait for a pullback, consolidation & upon continuation of the move in the upper direction. I would be interested in taking long entries.

In summary: Bullish for up coming days but for fresh entries wait for the pullbacks!

For Educational Purposes only, Not an Investment Advice, Always use strict Risk management measures.

Regards CrazyTrades247.
CrazyTrades247
Join Telegram Channels for more Trades ideas 🧿

🟢For Forex and International Commodities
t.me/CrazyTrades247_FX_International

Connect us
+91-9238387447
crazytrades247@gmail.com
此外:
breakoutBullish PatternsbuysellsignalcupandhandlepatterngbpeurlongLONGlongsetupMultiple Time Frame AnalysispullbackbuySupport and ResistancetradesetupTrend Lines

相關出版品

免責聲明

這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
breakoutBullish PatternsbuysellsignalcupandhandlepatterngbpeurlongLONGlongsetupMultiple Time Frame AnalysispullbackbuySupport and ResistancetradesetupTrend Lines
CrazyTrades247
Join Telegram Channels for more Trades ideas 🧿

🟢For Forex and International Commodities
t.me/CrazyTrades247_FX_International

Connect us
+91-9238387447
crazytrades247@gmail.com
此外:

相關出版品

免責聲明

這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。