EURGBP,price back below the channel's trendline, may move lower.
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EURGBP
The price came back below the channel's trendline and the move higher might be a fakeout, If price breaks below the support then after a pullback if price rejects from the level I expect the price to continue lower...
For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 2hr timeframe for confirmation to SELL..
Trade it with proper Sl..
In case, if price breaks above the support/resistance then we have to wait for a clear direction..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
EURGBP
The price came back below the channel's trendline and the move higher might be a fakeout, If price breaks below the support then after a pullback if price rejects from the level I expect the price to continue lower...
For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 2hr timeframe for confirmation to SELL..
Trade it with proper Sl..
In case, if price breaks above the support/resistance then we have to wait for a clear direction..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
