EURGBP has shown repeated respect to the area highlighted
in the blue and red box, which is out Supply zone.
Divergence shows significant volume weaken in that area,
not to include momentum shift at this 0.89554 price point.
So our trade set up is considered a Potential Reversal trade/
with a hybrid Momentum shift of the Relative Strength Index.
My expectation is to receive 155 Pips from this pair and potentially
if the trade goes opposite 40 pip loss. Great Reward to Risk Ratio.
in the blue and red box, which is out Supply zone.
Divergence shows significant volume weaken in that area,
not to include momentum shift at this 0.89554 price point.
So our trade set up is considered a Potential Reversal trade/
with a hybrid Momentum shift of the Relative Strength Index.
My expectation is to receive 155 Pips from this pair and potentially
if the trade goes opposite 40 pip loss. Great Reward to Risk Ratio.