EURGBP Just my thought
I just wanted to share this not to impress others. I'm NEWBIE and I want to know if I am doing it right, feel free to comment here and tell me if there is something wrong with my analysis.
I saw resistance at the top and it reached near 0.89800 and finally dropped to 0.88000. It is close to the Demand area of 0.87900-0.87600, so push it up to 0.89300 and slowly drop to the Demand area of 0.87900-0.87600. Gradually, there is a consolidation in its area. My prediction is that it will climb to the Supply area of 0.88900-0.88850 to form a new "LH". Or will form consolidation in the Demand area of 0.87900-0.87600 and down to the another Demand area of 0.86100.
Feel free to comment down below. Thanks
I saw resistance at the top and it reached near 0.89800 and finally dropped to 0.88000. It is close to the Demand area of 0.87900-0.87600, so push it up to 0.89300 and slowly drop to the Demand area of 0.87900-0.87600. Gradually, there is a consolidation in its area. My prediction is that it will climb to the Supply area of 0.88900-0.88850 to form a new "LH". Or will form consolidation in the Demand area of 0.87900-0.87600 and down to the another Demand area of 0.86100.
Feel free to comment down below. Thanks
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