08.03.23
- Market has broken out of range again
- Price has rejected at previous resistance level
- Price is creating a pullback
- Waiting for price to pull back into level and confluence with the EMAs for a B&R long
09.03.23
- Price is still pulling back
- Entry zone created
- Safest option would be an entry in this zone and in the support level
- Extra safety...
EUR/GBP breakout and trend continuation. Price breakout of long term range and looking for price to pull back and retest resistance now support. Looking for wick rejections, reversal of corrective phase, confluence with support/50EMA and continuation signal for entry. Targeting a 1:3 Risk to Reward.
