Hello Traders!
We are on the 1 hour chart for EUR/GBP, As we can see the momentum of the three legs leading up to major resistance are weakening. There is no doubt about it! the first leg is strong with only a 30% pull back 2nd leg is okay but twice as small as the last leg! and finally on the last leg we have an almost 100% pull back! We shall see how this one plays out!
Please support this analysis with your likes, follows, and comments.
Trade Away!
We are on the 1 hour chart for EUR/GBP, As we can see the momentum of the three legs leading up to major resistance are weakening. There is no doubt about it! the first leg is strong with only a 30% pull back 2nd leg is okay but twice as small as the last leg! and finally on the last leg we have an almost 100% pull back! We shall see how this one plays out!
Please support this analysis with your likes, follows, and comments.
Trade Away!
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