Trade plan 11 October 2016

EURGBP Weekly chart

-Weekly Chart Price Action Price previously bounced off the 38.2 fib zone, Price also broke through the 2011 Resistance High and currently testing it as support Stochastic is currently overbought Market The 55 and 21 Moving average indicate and end in the bullish market

EURGBP Daily chart

-Daily chart Price Action Price is currently testing monthly cluster pivot as support,Price also indicate a bullish trend Stochastic is at the overbought zone Market The consist of a great angle of separation between the 55 and 21 moving averages which confirms the bullish trend

EURGBP H1 chart

-H1 chart Price Action Price is at Daily pivot cluster ,Price also formed a Ascending triangle Market The 55 and 21 Moving average cross has occur with a great angle of separation confirming a bullish market Planed Entry Looking for a break through in the ascending triangle on the H1 followed by Higher highs on the M15 or M5

2 thoughts on “EURO Pound pair just Broke through the 2011 Resistance High EURGBP Forecast 111016”

  1. Bongani says:

    Good evening,

    Can I learn a thing or two from you please.

    I do have an idea on trading and I can safely say am 40% accurate. Please help

    Regards,

    Bongani Mpanza

    1. Let talk about it via email leave you email address and ill contact you

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