My Analysis On EUR/GBP (Take Trade At Your Own Risk)
Price Caught Support At (0.86845) (Thick Green Horizontal Line)
If You Look To Your Left You See Price Engulfed From The Support (white box) And Came Back To Retest
Price Is Also In The Oversold Zone As You See
Be Mindful On If You Draw Fibs Make Sure You Mark Off Your Golden Zone Price Likes To Reverse When It Gets To The 61.8 In My Fibs You See I Have My Golden Zone Marked Off Just In Case It Does Reverse
Also Based On Economic Divergence EUR Have More Long Contracts Then GBP
But If You Can Catch This Move From Support You Can Definitely Catch 250+ Pips Before It Does Gets To The 61.8 On Daily
But If It Does Break The Golden Zone You Can Catch Atleast 700+ Pips
This Is My OPINION You Don't Have To Take It
Price Caught Support At (0.86845) (Thick Green Horizontal Line)
If You Look To Your Left You See Price Engulfed From The Support (white box) And Came Back To Retest
Price Is Also In The Oversold Zone As You See
Be Mindful On If You Draw Fibs Make Sure You Mark Off Your Golden Zone Price Likes To Reverse When It Gets To The 61.8 In My Fibs You See I Have My Golden Zone Marked Off Just In Case It Does Reverse
Also Based On Economic Divergence EUR Have More Long Contracts Then GBP
But If You Can Catch This Move From Support You Can Definitely Catch 250+ Pips Before It Does Gets To The 61.8 On Daily
But If It Does Break The Golden Zone You Can Catch Atleast 700+ Pips
This Is My OPINION You Don't Have To Take It