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EURGBP Analysis
See the picture for analysis:
-Price was in a downward channel creating
lower lows/ lower highs.
-Price has now broken out of the downward
channel and now creating higher highs/
higher lows.
2 options here;
1) wait for the price to enter the demand zones
and enter on the confirmation trades.
2) buy the demand straight up.
-Price was in a downward channel creating
lower lows/ lower highs.
-Price has now broken out of the downward
channel and now creating higher highs/
higher lows.
2 options here;
1) wait for the price to enter the demand zones
and enter on the confirmation trades.
2) buy the demand straight up.
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