EURGPB now trading on strong resistance level.
Back to last two months EURGBP was strongly bearish!
Since early April the price was trading on rectangle channel between 0.885 and 0.87 level.
And since May 10, 2020 the price was rally to the 0.885 and got rejected.
I think this is the potential short trade one.
We could trade with low risk!!!
And maybe this is the...
AUDUSD likely to take a SHORT position since resistance around 0.649 can hold!!!
In my MT5 I do DTF time frame analysis by using DTosc the momentum likely to be a bearish reversal.
And when I look at m15 time frame the price was likely in triangle correction pattern which near;y to be end soon!!!
So I think Short position could be a potential to be took on this...