EURGBP: Emerging Uptrend
Trend analysis:
EURGBP doesn't look as bearish as before. The trend seems to be more bullish now.
Could break w/ pullback to support.
Kijun/Tenkan cross above the could
Chikou Span above the cloud
***Although we need more evidence from other indicators that this is going up, I find this sufficient so far to take action.
The cloud is positive..
Bullish rejection candle at prior support from the peak of the left tip of a pattern formed.
MACD is positive
Other MACDs from other time frames are turning positive.
SL: 0.8352
En: 0.8414
target: 0.8525
RRR: 1.80
Risk% = 1%
EURGBP doesn't look as bearish as before. The trend seems to be more bullish now.
Could break w/ pullback to support.
Kijun/Tenkan cross above the could
Chikou Span above the cloud
***Although we need more evidence from other indicators that this is going up, I find this sufficient so far to take action.
The cloud is positive..
Bullish rejection candle at prior support from the peak of the left tip of a pattern formed.
MACD is positive
Other MACDs from other time frames are turning positive.
SL: 0.8352
En: 0.8414
target: 0.8525
RRR: 1.80
Risk% = 1%
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