market is currently in what i would like to call a neutral zone. it can go either way. i am waiting for markets to extend a little more either way so i can make a descision as to where its going. if price passes 86409 then my view of the market will be bearish
for a bounce off the channel. if price passes 86728 then i will consider the pattern an expanding triangle reversal. the blue box represents the neutral zone. price may close outside of the blue box but i want to see price run a little and hit an entry for extra confirmation of direction.
sl of buy setup will be at the low eurgbp
makes before hitting entry price