The EURGBP closed last Friday with an inside bar price Action Setup. In the present bullish market, price should aim higher but must first close above the mother bar of the inside bar setup. If that is achieved, price should then head towards the recent daily high whereas a failed attempt to close above this mother bar could send prices crashing lower, since price is already very close to its Resistance Zone.
Subscribe to my Trade Room or my Mentor Programme or my Price Action Course to experience the simplicity of trading Price Action with me.
No comments:
Post a Comment