EURGBP possible short idea
Between pivots 1-4 we have lower highs and lower lows. Price at 4 has come back up to retest an area of resistance of proven sellers who pushed the market down from number 2. I have drawn a down sloping blue median line which price is respecting nicely (highlighted by blue arrows) and a black pendulum pitchfork not drawn from the lowest low at 1, but from another point in that area which forms an angle which price respects nicely (highlighted by black arrows). I've also highlighted an energy point which could make an explosive move if price gets into that area.
Aviso legal
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