Technical analysis EURGBP for 29.04.2022
29.04.2022 09:04
Intraday
Technical
The Tenkan-sen line crosses from top to bottom the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crosses from top to bottom the price chart. In this case, the cloud is ascending. Instrument punched the Tenkan-se and Kijun-sen lines from top to bottom. The closest resistance is the level 0.84250. The closest support is the top of the cloud
Key levels
- 0.84800, 0.84500, 0.84250, 0.84040, 0.83700, 0.83430
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 0.84250, with Take Profit of 0.84500 and Stop Loss of 0.84100
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 0.84040, with Take Profit of 0.83700 and Stop Loss of 0.84100
Scenario
Recommendation
BUY STOP
Entry Point
0.84250
Take Profit
0.84500
Stop Loss
0.84100
Key Levels
0.84800, 0.84500, 0.84250, 0.84040, 0.83700, 0.83430
Alternative scenario
Recommendation
SELL STOP
Entry Point
0.84040
Take Profit
0.83700
Stop Loss
0.84100