Euro/Great Britain Pound it's moving to the demand zone in Daily timeframe.
This it's the Daily analysis what I see in EUR/GBP
Now, as Euro ending the previously candlestick, closed up with a hammer bullish pattern in this price action showig indication that there're interested to bought. But remember, as we forming this bearish channel flag. This zone of demand could be manipulated to make believe that we would going to short Euro.
And also to note what I don;t see it's that in the past Euro forming a bullish divergence, but also, as we're not in the trending and we're in that consolidation way
It;s very important how Euro will moving for tomorrow by fundamental news and economical news in those counties European Union and UK.
This it's the Daily analysis what I see in EUR/GBP
Now, as Euro ending the previously candlestick, closed up with a hammer bullish pattern in this price action showig indication that there're interested to bought. But remember, as we forming this bearish channel flag. This zone of demand could be manipulated to make believe that we would going to short Euro.
And also to note what I don;t see it's that in the past Euro forming a bullish divergence, but also, as we're not in the trending and we're in that consolidation way
It;s very important how Euro will moving for tomorrow by fundamental news and economical news in those counties European Union and UK.
Note
The trade was good, only that I believe from this point 0.8360 GBP will drop and well, I closed up my trade around 0.8350 GBP.But I don't going to crack my head. Just I will continue learning in it.
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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.