The EURGBP pair is approaching a significant supply zone, marked by historical price reactions and strong resistance levels. The current market structure suggests the potential for a reversal from this area if sellers regain control.
I anticipate that if the price confirms a rejection from this supply zone, the market is likely to move downward toward the 0.83611 level. This setup aligns with the idea of trend exhaustion near resistance.
If you have additional insights or an alternative perspective, feel free to share your thoughts!
I anticipate that if the price confirms a rejection from this supply zone, the market is likely to move downward toward the 0.83611 level. This setup aligns with the idea of trend exhaustion near resistance.
If you have additional insights or an alternative perspective, feel free to share your thoughts!
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Feragatname
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.