EURGBP potential for Bullish Rise towards previous swing high
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.TitleEURGBP poten...
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.TitleEURGBP potential for Bullish Rise towards previous swing highTypeBullish BouncePreference:Looking at the H4 chart, my overall bias for EURGBP is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market.Expecting price to possibly retest the pivot where the 50% Fibonacci line is before heading towards the resistance where the previous swing high is.Alternative Scenario:Price could possibly head back down breaking the pivot before heading towards the support here.
