Hello everyone, HADI IS HERE
If you like the idea, do not forget to support with a like and follow.
EURGBP, as we can see price is clearly overall bearish from a long term perspective however
Price rejected our lower support and traded higher, and now we are approaching a strong resistance zone
so what for now !?
for the bears to reclaim the control we need a new swing around the trendline then a break for 1-2 RRR, from a risk management perspective
unless price manages to break above the resistance then we will be searching for new buy setups on the retest
and as usual follow your trading plan and manage your risk.
Be patient and good luck
If you like the idea, do not forget to support with a like and follow.
EURGBP, as we can see price is clearly overall bearish from a long term perspective however
Price rejected our lower support and traded higher, and now we are approaching a strong resistance zone
so what for now !?
for the bears to reclaim the control we need a new swing around the trendline then a break for 1-2 RRR, from a risk management perspective
unless price manages to break above the resistance then we will be searching for new buy setups on the retest
and as usual follow your trading plan and manage your risk.
Be patient and good luck