dead2live

EURGBP Waiting for the Bounce

FX:EURGBP   Euro Fx/British Pound
26 0 5
Historically, when EURGBP             passes through 200 sma it either plows through all of the sma further down or ranges for a while along the 250 sma before bouncing up. Price will zigzag in the meantime as players of lower time frames not watching the moving average .

Waiting for a price action bounce off a moving average .

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