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MoneyballAustin

EURGBP Analysis

Long
MoneyballAustin  
GLOBALPRIME:EURGBP   None
Supply and Demand Parallel Channel Trend Analysis EURGBP EUR GBP Forex forexsignals supplyanddemmand channelbreak channeltrend Technical Analysis
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supplyanddemand parallelchannel trendanalysis eurgbp eur gbp forex forexsignals supplyanddemmand channelbreak channeltrend technicalanalysis
See the picture for analysis:

-Price was in a downward channel creating
lower lows/ lower highs.

-Price has now broken out of the downward
channel and now creating higher highs/
higher lows.

2 options here;

1) wait for the price to enter the demand zones
and enter on the confirmation trades.

2) buy the demand straight up.
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