EURGBP: breaking the trend at the price level
The price is at the price level 0.874. It has price touches throughout the entire chart. The price reached this level after a long (since December of last year) fall in the descending trend. There is a high probability of new growth and trend reversal. In this case, the price will bounce off the level, break the 0.876 trend line, fix on it and rise to the next strong level 0.882.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
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