newcapitalfx

Institutional Supply: EUR/GBP Short

Short
OANDA:EURGBP   Euro / British Pound
Hi Max here again,

This is another EURO pair which is moving nicely towards the next supply area. If you have been paying close attention, long-term this chart has 3M/1M/1W and Daily Supply zones, initiating the recent daily move to the downside.

Personally, I believe that price can chill around in our next supply area and start declining from there if the 4hour chart shapes up how we like it. To learn more about my style, make sure you watch the video on my tradingview channel!

I'll be waiting!

Kind regards,
Max Nieveld

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.