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 information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.