Wednesday, October 05, 2022

EURGBP sell signal closed at entry price after consolidating at the retest area
1 mins well spent

EURGBP Analysis

EURGBP is Retesting the broken Ascending channel now and the market is moving in a descending channel in the daily timeframe chart.

In another view, EURGBP is retesting the neckline of the head and shoulder pattern in the daily timeframe chart.

After the confirmation of the Downward movement, EURGBP Sell signal was given.

But EURGBP hovers around the entry price range and start to make a ranging movement between the entry price levels for a long time.

The market moved up and down between the entry price ranges for more than 2 days.

As per signal following rules, due to lack of movement, the EURGBP signal has closed at an entry price level.

For new users: Please note that: the EURGBP signal has been closed at the entry price level due to lack of movement and the 2 days protection rule. Keep following our signals as per the signal rules given to you under each signal message:

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Please be patience and wait for the next good opportunity signal. We always want you to trade safely at all market conditions.

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