Hello Everyone!
How are you all?
EurGbp is a pair to watch for during the coming days, because it is shaping up very nicely for a sell reversal that we can capitalize on.
So, I am looking for a sell reversal because of the following reasons:
1. The price has moved into a flip zone
2. The price is approaching the value area structurally with a potential 3rd touch of the ascending channel.
The more confluence factors will be to see the price take out 0.87465 level and close back in into the level.
Then, the entry trigger will be to see a sell impulse followed by a 15m/H1 correction.
How are you all?
EurGbp is a pair to watch for during the coming days, because it is shaping up very nicely for a sell reversal that we can capitalize on.
So, I am looking for a sell reversal because of the following reasons:
1. The price has moved into a flip zone
2. The price is approaching the value area structurally with a potential 3rd touch of the ascending channel.
The more confluence factors will be to see the price take out 0.87465 level and close back in into the level.
Then, the entry trigger will be to see a sell impulse followed by a 15m/H1 correction.
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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.
Related publications
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.