Last week marked the consolidation for the most active assets of March 1-15 (which is oil and gold). But next week has a lot to show, be ready to take part!
EUR/GBP broke key resistance level 0.8880
2019-11-11 • Updated
- EUR/GBP broke key resistance level 0.8880
- Next buy target - 0.8970
EUR/GBP continues to rise strongly after the earlier breakout of the key resistance level 0.8880 (which stopped earlier waves (i) and i, as can be seen below). The breakout of the resistance level 0.8880 accelerated the active minor impulse wave 3 – which belongs to the medium-term impulse wave (C) from the end of May. EUR/GBP is expected to rise further toward the next buy target at the next resistance level 0.8970.
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Hello again my friends, it’s time for another episode of “What to Trade,” this time, for the month of April. As usual, I present to you some of my most anticipated trade ideas for the month of April, according to my technical analysis style. I therefore encourage you to do your due diligence, as always, and manage your risks appropriately.
Bearish scenario: Sell below 1.0820 / 1.0841... Bullish scenario: Buy above 1.0827...