Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX

If you like the idea, do not forget to support with a like and follow.

EURGBP Around a strong support zone!


As we can see price is still trading inside this falling channel from a long-term perspective.

However, price is sitting now around a strong support zone,

Where we will be looking of new longs as well.

Meanwhile, for the bulls to kick in we need a break above the marked swing high.

And as usual 1-2 Risk To Reward ratio from a risk management perspective.

Until that price is still overall bearish from a short-term perspective.


If you like this kind of analysis don't forget to like and follow

and as usual follow your trading plan and manage your risk.

Be patient and good luck!
Chart PatternsSupport and ResistanceTrend Analysis

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