EURGBP Long position setup
Price has given us bullish momentum before exhausting into a ranging market. Below is an UNMITIGATED DEMAND ZONE with static liquidity (EQLs). If price mitigates successfully we can look to anticipate swing high as overall target. Why?
Because price is overall bearish and this could be our change of character or simply and pullback to a higher timeframe supply zone
Because price is overall bearish and this could be our change of character or simply and pullback to a higher timeframe supply zone
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Disclaimer
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.