Joined Aug 2022
Status: Junior Member
(new trader alert - post #2); am messing around with indicators and trying to put a clunky strategy together, trying a renko chart on H1 and noticed 2+ red blocks hinting at a sell opportunity on EURGBP, mfi which looks like its going down, and an awesome oscillator going south. Got some moving averages going as well, 20 period crossing the renko blocks telling me to sell, and a 50 period just about to cross an 8 period which if it crosses is another sign to sell. Lets see what happens next week - good luck to everyone!
The EURGBP pair shows low volatility; prices don't fluctuate significantly as far I have observed, however according to yesterday the resistance level of 0.8779 in the EURGBP is currently the main focus. Firm break there claim that the 0.8570 level is the end of the corrective decline from 0.9267.