Teuwie1

Bullish Butterfly on $EURGBP H1, H4 and D1

Viés de alta
FX:EURGBP   Euro / Libra Esterlina
Price has entered the Daily and Weekly Supply zone which is from 0.83351 to 0.82765. The chart shows a Bullish Butterfly which indicates that we can expect a correction up. The daily range low is at 0.83133. I'll wait until it has reached the daily range low and see how price reacts, wait for a correction up and enter on a retracement when new support has formed. Stops below 0.82765, or the recent low and target0.84532

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