TradingView
LupaCapital
Mar 19, 2020 1:24 AM

EUR GBP sell scenario swing Short

Euro Fx/British PoundFXCM

Description

Weekly Timeframe - once the buyers are exhausted and in the monthly supply zone counting as the first touch, we are expecting a huge sell off.
But patience here is needed.

Weekly - we have outline our targets for the swing trade.
Daily bullish momentum
4 hourly is bullish

We are not yet trading against the trend.
Big corrections are needed and will come soon enough.

We will start to produce video analysis soon on multi timeframes.
Comments
transparent-fx
here is what I want to see on eurgbp from my analysis
LupaCapital
@transparent-fx, good analysis as always! Good to see your perspective of the net changes from EUR & GBP positions in this pivotal area. Agree the bullish is on the 4 hour however, expecting overall as this is the first touch of the supply, most likely will see it reject as the monthly timeframe suggests this.
More