we do research by fact, even in this dump season mana still able to hold above the support line and getting closer to the resistance, soon its gonna break since the number of supply/seller up there is getting crush by mana hodler/demander slowly but surely. I think we all can agree about this statement now "mana is about to pump soon".
Monthly: Un, Dos, Tre's, nice triple top rejecting the 150EMA.
Weekly: Showing the end of a Head and Shoulders.
Daily: Rejecting the 0.78000 zone on the outside shoulder of the H & S.
4hr: Clear consolidation zone rejecting the 150EMA, long term trendline which has rejected previous and is in a long term descending wedge formation
1hr: Descending wedge using the...
EURGBP H4 Chart-
Market is in an Uptrend and price is above the 50EMA, price is in the Monthly Resistance Zone (Brown Area).
Reason For Entry- Double Top followed by Engulfing Candle.
SL- 48 Pips🛑
TP1- 48 Pips✅
TP2- 96 Pips✅
