eurgbp

Good on you Hope you have taken your profit because I don't see any strong bear trend yet, it's just going through congestion

 

I’m buying EUR/GBP until the 0.9000 mark. After that, I close the deal and look for a new approach.

 

there is no need for alternative approach. Only momentum strategy (divergent) and constrarian strategy(convergent) generate consistent profits for short term trading. Long-term trading is difficult in Forex unless there is a change in policy e.g. interest rate , inflation

 

I have seen today movement on eurgbp figure out bullish candle, if using weekly timeframe as trigger tendencies movement still on bearish and still possible trend up will on saturation and will move vice versa

 

The pair is very bearish at the moment, but I am waiting for it to break below 0.8490 to open a short position. I missed the opportunity to do it earlier.

 

Yes today eurgbp on bearish candle, although yesterday this pair move on bullish but market easy to changed and today figure out bearish trend , and if watching from weekly, pair still having tendencies to bearish

 

Do you guys think it will reach 0.8560 again?

 

Still making confusion how then but now I have seen this pair back to reversal and reached these price, I am not trade on this pair but seem appear sign reversal on daily

 

I think that EUR/GBP asset will go up.

 

I generally agree, but I wouldn't expect much movement this week. The move to the upside will likely occur after the holidays.