EURGBP Where We see prices going
Currently price is at 0% with repeated rejections at 0.87
If we have a break out that will give us a rally to 130%
at 0.882 if this happens using the illustration we can see
that that would put us between 0% and 130% within a wick
this bullish movement would not be completed until we see a confirmation of price above 130%
We are taking the bearish bias here so we are looking for price to descend from 0% to 50% using the rejections at 0% as an area to accumulate sell side positions and holding until we reach 100% 100 pips lower than where we currently have price.
If we have a break out that will give us a rally to 130%
at 0.882 if this happens using the illustration we can see
that that would put us between 0% and 130% within a wick
this bullish movement would not be completed until we see a confirmation of price above 130%
We are taking the bearish bias here so we are looking for price to descend from 0% to 50% using the rejections at 0% as an area to accumulate sell side positions and holding until we reach 100% 100 pips lower than where we currently have price.
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.