EURGBP for another Up-Swing on the 4h timeframe

2020-01-15 21:13:43

Hi Traders

EURGBP will mostlikely will do another Upswing. It would be the third one of that kind. It seems to jump of the EMA region and there is another Buy-Signal from the Hitman indicator. So, where to aim at? When drawing a Fib Extension where to set the first two Targets (see the arrows on the screen). The last third of the invested amount could be run loose and see where it ends up. In this case the Stop loss has to be adjusted over time.