EURGBP rejection on the 240 Moving Average?
Updated
EURGBP again on the orange moving average. Last 3 times, we had a nice rejection, with buyers coming in to buy again at that level. Right now, it seems that we might have the same pattern.
The price is also within an up-channel, with the setup of the moving averages that is bullish, so this trade is worth a try, considering also the good risk to reward ratio.
The price is also within an up-channel, with the setup of the moving averages that is bullish, so this trade is worth a try, considering also the good risk to reward ratio.
Trade closed manually
Trade closed at entry level.
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