Patiently waiting for this pair to get in that red zone!!
This is the type of trade that can potentially make 5-6-7-8-9-10:1 I'm excited to see how it will play out.
Like and follow for trade updates and more trade ideas!!
Big moves to the downside for this pair suggest further downside. The big move to the upside does suggest that the higher time frame buyers want to take control back from the sellers. 2.00 - 1.96 should be a great buy!
GBP is weak. Longer time frames still suggest further movement to the upside, but all mayor levels of support have been broken and surpassed. Current trend is down so we look for shorting opportunities.