Introduction and EUR/GBP trade idea.

in trading •  8 years ago  (edited)

Hello Steemers,
I am a long time crypto enthusiast and forex trader.
And I'm testing the waters here to see if there is a community of Steemers interested in sharing trade setups and ideas.

Here is a very basic one I've been watching today, no real detailed analysis as I'm just testing the functionality of the site.

https://www.tradingview.com/chart/EURGBP/wpLWGfYE-EUR-GBP-looking-to-breakout-of-range-for/

image of eurgbp

EUR/GBP has been range-bound for days. Bollinger bands are tightening, as I am waiting for the imminent breakout and run up or down to well defined support and resistance zones.

If we see a strong break to long side:
Buy: 0.84465
Stop: 0.386895
Target: 0.86075

If we see a break to the short side:
Sell: 0.82695
Stop: 0.83285
Target: 0.80389

PS. Is it possible to embed html in steemit posts?

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!