EUR/GBP Trade Bias for the Week: 12.12.17

EUR/GBP Trade Bias for the Week: 12.12.17

 

In this video, it's 8:22am central just 8 minutes before the open and I am looking at the EUR vs the GBP between now and the end of the week. Using the triple confirmation, the hourly chart looks good as it is bullish, the 2hour is bullish but the 4hour and daily bars are bearish. However, if you look at this tail on the hourly chart, I think there is potential for this tail formation to likely be bouncing off the Ichimoku Cloud so my bias on the EUR/GBP is bullish. 

In this video, I look at three alternative ways that I can get long using binary options on the EUR/GBP pair between now and the end of the week.  I am thinking this pair moves higher and also with the large tail on the hourly bar on the candle helps support my bias.

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