JICPT| Structure Bullish setup on EURGBP(Daily & Weekly)
Hello everyone. EURGBP has been down for the past few days and violated the control low.
However, if it continues going down, I'll be interested in potential reversal bullish trade as below:
1. On the daily, the previous low might serve as a reversal zone. Set an alert and wait for the price action.
2. On the weekly, the zone of 0.8279-0.8371 looks pretty solid. price is likely to bounce back if the previous daily zone got penetrated. I'll watch how it move on 4H then.
What do you think? Give me a like if you're with me.
However, if it continues going down, I'll be interested in potential reversal bullish trade as below:
1. On the daily, the previous low might serve as a reversal zone. Set an alert and wait for the price action.
2. On the weekly, the zone of 0.8279-0.8371 looks pretty solid. price is likely to bounce back if the previous daily zone got penetrated. I'll watch how it move on 4H then.
What do you think? Give me a like if you're with me.
코멘트:
A bit choppy above the zone.
코멘트:
Zone got touched. I'm waiting for the bullish signal. Now it's still downtrend on 60m
코멘트:
Below is the 4H chart, we can see some signs of reversal.
코멘트:
Finally it failed to terminate the downtrend line.
코멘트:
The downtrend line is still respected.
plan your trade and trade your plan
