Hello everyone. EURGBP has been down for the past few days and violated the control low.
However, if it continues going down, I'll be interested in potential reversal bullish trade as below:
1. On the daily, the previous low might serve as a reversal zone. Set an alert and wait for the price action.
2. On the weekly, the zone of 0.8279-0.8371 looks pretty solid. price is likely to bounce back if the previous daily zone got penetrated. I'll watch how it move on 4H then.
What do you think? Give me a like if you're with me.
However, if it continues going down, I'll be interested in potential reversal bullish trade as below:
1. On the daily, the previous low might serve as a reversal zone. Set an alert and wait for the price action.
2. On the weekly, the zone of 0.8279-0.8371 looks pretty solid. price is likely to bounce back if the previous daily zone got penetrated. I'll watch how it move on 4H then.
What do you think? Give me a like if you're with me.
הערה
A bit choppy above the zone. הערה
Zone got touched. I'm waiting for the bullish signal. Now it's still downtrend on 60mהערה
Below is the 4H chart, we can see some signs of reversal. הערה
Finally it failed to terminate the downtrend line. הערה
The downtrend line is still respected. 
plan your trade and trade your plan
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
plan your trade and trade your plan
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.