EURGBP has been bouncing in a Pennant for the past few days and Price seems to be approaching the end of the Pennant which indicates that a Breakout to either side is imminent.
I expect a Long but we’ll react to the market by waiting for a break and retest for Valid Entry.
I will be using a pending Order once market closes below or above the Pennant to confirm a break and retest.
Keep a close eye on This currency pair.
I expect a Long but we’ll react to the market by waiting for a break and retest for Valid Entry.
I will be using a pending Order once market closes below or above the Pennant to confirm a break and retest.
Keep a close eye on This currency pair.
