Hey guys sorry for not making a good looking chart like others with 23819 lines over the chart. My thought eurgbp retested t that high and did a fakeout to shake retail stoplosses to let the sell off continue..
To make it simple my thoughts on this: EUR/AUD did a double top, now price came to grab the liq up there for a free fall downside, nice RR if it happens , in the end its all about probabilities.
Nice supply formed at a psycho level, i will look for a possible confirmation along the way after it touches our zone... a coch or a strong bullish pinbar in 15m TF.
EUR/USD have 3 more days to close above 1.0500 so iam taking a shot here.
If this supply will hold then thats a nice R/R trade... dont over complicate