EURGBP OVERALL DIRECTION
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
EUR/GBP STILL BEARISH FROM A LONG TERM.
As we can see price is still trading inside this bearish channel making clean lower lows and lower highs
However, Price now is testing our lower bound of this channel acting as an over-sold zone, lining up with a strong support zone.
Then we are looking for new longs as a correction movement, and as the price will be approaching our upper falling channel,
We will be looking for new bearish impulse as a trend following setups.
If you like this kind of analysis don't forget to like and follow
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.
EUR/GBP STILL BEARISH FROM A LONG TERM.
As we can see price is still trading inside this bearish channel making clean lower lows and lower highs
However, Price now is testing our lower bound of this channel acting as an over-sold zone, lining up with a strong support zone.
Then we are looking for new longs as a correction movement, and as the price will be approaching our upper falling channel,
We will be looking for new bearish impulse as a trend following setups.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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