Trend analysis for EG next week.
This is the pair I love most however it is not recently due to brexit. here is overview for next week.
Overall the trend is bullish, so we will be waiting for it to break the h4 trend line.
it has been rejected twice on the 38.2% fib, we are looking for it to retest 50% and 61.8% next week within the trend line. Once it break out again, we are looking for entry to buy. you can place a order now if you want to play aggressively. However I would not recommend because trading is reacting not predicting.
keep eyes on this pair and you will find some gain next week or two.
Cheers
Overall the trend is bullish, so we will be waiting for it to break the h4 trend line.
it has been rejected twice on the 38.2% fib, we are looking for it to retest 50% and 61.8% next week within the trend line. Once it break out again, we are looking for entry to buy. you can place a order now if you want to play aggressively. However I would not recommend because trading is reacting not predicting.
keep eyes on this pair and you will find some gain next week or two.
Cheers
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