EURGBP
As I said last week ...it is a very difficult week with many political events that will create a high volatility in the market and especially on this pair!
I will still look for BUY because it's already 4 weeks when it fails to break Fibonacci 786 and I will put TP in the Fibonacci area 618
THIS WEEK...I will continue to look for BUY because it is the 4th week in which it rejects from the Fibonacci 786 level and even if it broke the 1 month trend line, I expect it to close above it!
Also ... even if it goes down 70-80 pips to 84,731, I expect a strong rejection and a rise of at least 300-500 pips, especially since the formation of the 6th red candle in the last 12 years EG made a maximum of 6 consecutive red candles only 2 times!
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
Our analyzes have an accuracy of over 91% but due to market manipulations during this period we will avoid putting exact values on SL!
We also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market.
*This information is not a Financial Advice.
I will still look for BUY because it's already 4 weeks when it fails to break Fibonacci 786 and I will put TP in the Fibonacci area 618
THIS WEEK...I will continue to look for BUY because it is the 4th week in which it rejects from the Fibonacci 786 level and even if it broke the 1 month trend line, I expect it to close above it!
Also ... even if it goes down 70-80 pips to 84,731, I expect a strong rejection and a rise of at least 300-500 pips, especially since the formation of the 6th red candle in the last 12 years EG made a maximum of 6 consecutive red candles only 2 times!
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
Our analyzes have an accuracy of over 91% but due to market manipulations during this period we will avoid putting exact values on SL!
We also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market.
*This information is not a Financial Advice.
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