I like long EURGBP in longer timeframes for several reasons
It has several bullish FVGs that support its rise.
Its flipzone has worked on numerous occasions (the area we can see in light blue).
If it rises it would complete a S&H and absorb the liquidity it has above it
But I am still waiting for a last dip to take the liquidity of the previous weekly low, although the first positions could be opened.
It has several bullish FVGs that support its rise.
Its flipzone has worked on numerous occasions (the area we can see in light blue).
If it rises it would complete a S&H and absorb the liquidity it has above it
But I am still waiting for a last dip to take the liquidity of the previous weekly low, although the first positions could be opened.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.