UNEC MTL

True

EUR is under pressure of the dollar if you check GBP it's giving a good structural pattern, than EU

I had this map out earlier about ustech and I posted it though I wasn't triggered and I look forward to that lows been taken , the second rectangle was my entry and tye first rectangle was my liquidation then my target was the lows

Let me look at the Gbp

Yes Gbp is better to understand .

Infact I want to push for a sell on gbp

Yes crazy bro. I see it now. The lows needs to be cleared then we can move on a bullish run. Is that low a strong one.that is the low it is bout to clear

Eur/Gbp is still on a bullish movement.it isn't very obvious yet

evidence on ground

Don't push for a sell yet look at where I marked GBP is reversing from that zone, wait for it to fail above that high, if it can't take out that high then you can sell, but except that don't sell

Just wait for a fail sweep above that high I marked on the image if it gets raided then Consider buys but if it sweeps and breaks structure to the downside you sell

Eurgbp has been bearish for the longest since last year October and I have been following it because I use it as an indicator to trade EU and GU, look at the broader picture not 30min or 1hr chart go to 12hrs 8hrs and daily

I am fully aware

I did see it in 4hrs time frame.

I know it's been bearish.

I was looking at it for swing trading. Not for the long run. And it's just the present analysis. It won't be bearish for ever

You can only change bias when price has taken out a higher timeframe resistance level and starts printing higher lows to higher highs

Ok sir

As I said initially I get your point. I am not oblivious of that , I am just stating as it is on the chart . I am also stating what I am observed. Nothing more , nothing less

Why I said so is because eurgbp is just like an indicator used to trade EU and GU so if eurgbp is weak then EUR is more weaker than GBP so that's why you see the trend for EU looking confusing

Alright chief , I understand Sha

Oh well. Nothing has really changed per say

EUR is getting more weaker then

Yes ,I reckon that

GM guys