Hello traders, EUR/GBP as you can see bounced of the structure support on lower timeframe indicating a bullish market. On the other hand, I expect the price to hit the highlighted areas in this particular case. There are 2 scenarios for this pair in my opinion.
The first scenario is that we get a nice reaction from tops and it could turn out to be a nice swing trade to the downside.
The other scenario is that the price breaks and aims to go all the way to the top. Either way, both great opportunities for a short swing trade.
Nice amount of pips for both short scenarios.
Any comments would be appreciated. Let's get it :)
The first scenario is that we get a nice reaction from tops and it could turn out to be a nice swing trade to the downside.
The other scenario is that the price breaks and aims to go all the way to the top. Either way, both great opportunities for a short swing trade.
Nice amount of pips for both short scenarios.
Any comments would be appreciated. Let's get it :)