EURGBP - Up trend channel
Entering a zone that is confluence of prev high that was taken out retest and lower channel line
If it does turn here it needs to get past the break/retest of the orange range low with a
target of 0.8692, then 0.8716 then channel top.
A break down out of the channel sets up the short of the retest of the same zone from below
with initial target of 0.8562 which is the prev range low.
If it does turn here it needs to get past the break/retest of the orange range low with a
target of 0.8692, then 0.8716 then channel top.
A break down out of the channel sets up the short of the retest of the same zone from below
with initial target of 0.8562 which is the prev range low.
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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.