EURGBP ASCENDING TRIANGLE TRADE
Right then, can see we have come to a major level of significant resistance and we are seeing bearish pressure as a reaction to it (has been of significance for a while so other people will look to trade this level aswell). If i see alot of bearish pressure i will be entering as other traders will do the same and bring down price in favour
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.