EURGBP Long Opportunity
EG "We in the Zone", No; I'm serious, it is literally in the demand zone :)
Current Demand is definitely not new and fresh zone, it has been tested 3 times previously, how will price react?
1. A short correction rally to .89373 is expected, failing to break this level straight away might give us a retest (double bottom) of 0.8880 then a
longer correction to 0.90090 H4 supply or 0.90600 in extension.
2. A short correction rally to .89373, Then a continuation drop to 0.88320
Happy Trading ;)
Current Demand is definitely not new and fresh zone, it has been tested 3 times previously, how will price react?
1. A short correction rally to .89373 is expected, failing to break this level straight away might give us a retest (double bottom) of 0.8880 then a
longer correction to 0.90090 H4 supply or 0.90600 in extension.
2. A short correction rally to .89373, Then a continuation drop to 0.88320
Happy Trading ;)
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