EURGBP at major support!

12 apr 2018

EURGBP is now at major support, where we do have the bottom of that channel and MS1. The down potential is huge if we get a break below that MS1 support area. I will be looking for break and retest before shorting. Do not forget it is still a major support and we basically we should be looking for buy opportunities here. But for me i am only interested to short the break below support :)

13 apr 2018

Nota

Support broken on 1H TF, letting thing develop first and will watch it again next week.

17 apr 2018

Nota

Price is consolidating bellow support and seems he value is expected at this level. A break below this range here will open the door for much more down.

24 apr 2018

Nota

Sorry for late update guys :) But support and low of the channel did hold as you see and for now the short idea is not valid anymore :)