Lingrid | EURGBP short term RETRACEMENT

8 Nov 2023

The price perfectly fulfills my last idea. The price reached the targeted level. The market in the downward channel and the price made retracement towards the resistance again after bouncing off the support level and impulse leg down. I look forward a fake breakout of the resistance zone for confirmation to short the market. I think price will go down after fake breakout by grabbing the liquidity above the recent resistance. My goal is to support at 0.86860

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻