Crazy Gbp And Eur Update
GBP Target Price Hit on every Level. Long and Short can be profitable if using Stop Hunter Strategy. Volatility all over the place.
EUR make smoother uptrend leaving many pending order behind. Target definitely will go to Herd Mentality Zone. But price also may retrace to at least 62 Fibo Zone that also become Breakout Mentality Area. Before or After Break Yesterday’s High.
GBP Strategy:
- Daily Clean Washout then reverse is strong indication for Price Going Up. Asia Session and London Open tomorrow will show MM trump card.
- Tomorrow will look for buying opportunity if there is valid Price Action.
EUR Strategy:
- Short at Herd Mentality Area then Exit at Breakout Mentality Area.
- Long at Breakout Mentality Area then Exit at Herd Mentality.
- Anticipate the nasty wicks on Important Zone. Wait for micro washout before enter the trade.
Source: http://priceactionpattern.blogspot.com/2019/10/crazy-gbp-and-eur-update.html
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