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AcademyInvestment

EUR/GBP Prepare for long

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Euro / Pound Inggris (FX:EURGBP)  
AcademyInvestment  
FX:EURGBP   Euro / Pound Inggris
eur_gbp LONG reversal double DB Trend Lines weeklymarketsanalysis investment position priceaction
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eur_gbp long reversal double db trendline weeklymarketsanalysis investment position priceaction
My honest opinion is that one of the major mistakes globaly is that traders counter trend immidiately once price hits PRZ. Even with DT or DB you need some sort of comformation, at least break of DT/DB and wait for price to retrace back to the V bottom of DT structure or A top of DB. I found out that the best way to get comformation that trade has really changed is break of EMA 123 and break of trend line with at least 3 touches after that we should watch for retracment so 123 on lower timeframe and then trade break of the retracment. Better safe then sorry ;)

Resons are written on the chart!
If you have any question feel free to ask!

Best regards
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