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EUR/GBP: Potential 580 pips - Short with 12.5 R/RDear Traders all around the world If you like this analysis feel free to like and follow not to miss any of my setups. EUR/GBP is approaching a bearish Orderblock on the 3D chart. Therefore I‘m anticipating a Short position with two different targets. On the one hand I‘m looking at a 6.0 R/R position while aiming for a bullish Orderblock along with POC. On the other hand I‘m anticipating a 12.5 R/R Short in case EUR/GBP decides to fulfill and retest a bullish OB that lays alot lower. Updates will be provided in the comment section.
Short
by CleanTrades
AUDUSD NEUTRAL BIASPrice have reached the top of a strong weekly range at the 0.7130 area ,i woudl say this is a critical area for this pair since it has been already 3 touches where price hasnt been able to to break and clsoe above indicazting a strong psychological level for sellers,so right now im waiting patiently for the following confirmations to go long or go short and thsoe are : 1. Reversal pattern below the mentioned area to go short 2. Daily clsoe below 0.7120 to confirm a new downdrend 3. Close above 0.7140 to go long Lets wait and see hwo the daily closes
by Forex_Society