EURGBP structure between Jan and Feb is called a formation of inside bar, by definition, an explosion is expected. The cross managed to trigger a monthly close (March) above the inside bar outline targeting 9060 during April. Euro might dip before rally continuation and any slide towards 8670 and 8770 should be put in the bull farm to attain the mentioned target. A close below 8433 negates the bullish view.
from forexsurvivor
Here are the promised free signals we promised you last Friday
First signal on AUD this will correct lower not less than 0.9520
Sell 2 lots AUD/USD @ market 0.9905 profit open no stop for now
Second signal on EUR / GBP this will go lower from here and will not stop before 0.8200
Sell 2 lots EUR/GBP @ market 0.8795 profit open no stop for now
The yen still not clear but may start going up from here or it may go deep to 80.00
Buy 2 lots USD/JPY @ market 82.30 stop on a daily close below 81.90 profit limit open
GOOD Luck and keep alert for signal updates
I think the pound completed 4th wave correction in it’s downtrend
and this is the time to sell
Sell 2 lots any where between here and 1.6000
I am selling @ 1.5780
It’s time to close our trades
Close GBP/USD @ Market 1.4915 Profit 940 PIPs
Close USD/CAD @ Market 1.2260 Profit 655 PIPs
CONGRATS
We Were stopped in our pound trade
this is not the end of the world
we are buying it again here
Buy 2 lots GBP/USD @ 1.3975
Stop on a weekly close bellow 1.3500
Good Luck
Modify the buy EUR/GBP position
Move the take trofit order from 0.8500 to 0.9020
Put stop lose order @ breakeven 0.8020
The trade now is risk free
Good Luck
