Technicals-
Market structure on 4HR chart showing price making LH's and LL'S.
Trendline also confirming the down trend with fib confluence of 61.8% Rejection at high volume area.
Fundamentals-
We have brexit news in just under 3 hours at the time of posting this chart. Therefore, it could potentially provide the liquidity required to move this pair aggressively which is why I am happy to take the trade at this time.
Follow me for more updates and trade ideas!
Market structure on 4HR chart showing price making LH's and LL'S.
Trendline also confirming the down trend with fib confluence of 61.8% Rejection at high volume area.
Fundamentals-
We have brexit news in just under 3 hours at the time of posting this chart. Therefore, it could potentially provide the liquidity required to move this pair aggressively which is why I am happy to take the trade at this time.
Follow me for more updates and trade ideas!