EURGBP is now entering a support zone that's withstood since 2017.. range has yet to be broken.
So yesterday i posted about a potential Double bottom.. Today im showing the aftermath of that movement showing that TP 1 was which is the 50 line. However tho, because im still developing this strategy, i did not take this trade. Technical-= confident Belief in trade = not confident= more strat testing. however tho, price action is bouncing primarily...
Right now im scouting EU at a double bottom on the 4 hour. Price has yet to break first bottom close. Range between close and wick end are set.