EURGBP SHORT UPDATED 11TH MARCH 2022I notice a very valid supply just below the previous one I sent out to the community and the price is reacting to it nicely its still okay to enter though its no longer gonna be sniper but good risk management will help as we look to see the price fall and clear the previous low.
Eurgbpshort
EUR/GBP NEED TO PULLBACK THEN SELL
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EURGBP are we setting up for a reversal?Hi Traders,
EURGBP is setting up for a bullish reversal as price is moving within a LTF descending channel at the bottom of the HTF boundary. Wait for a Reversal Impulse and continuation before placing a buy order.
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EURGBP - 1M/1DAnother GBP pair that is looking really interesting where price seems like has broken a super strong monthly support, so if daily manage to stay and close below 0.8300 that works as point zero of this monthly support and bottom of the daily broken structure we might see a possible big drop of atleast 200 pips!
Wait for a Reversal Impulse to go long!Hi Traders,
Looking at the HTF we are coming approaching the bottom boundary of a Bullish Continuation structure. Price is moving within a descending channel with a potential double bottom that could add confluence to this set up. I will be watching out for a strong Reversal Impulse with a LTF correction for a buy opportunity.
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Good luck!