What I like about the EURGBP chart is..... ...Middle East

Trading successfully needs to focus on risks and putting the odds of success in your favor. That can manifest in different ways but one way is recognizing a pattern by traders. When I look at the EURGBP, the pattern on the 4-hour chart is simple. In trading today:The 200-bar MA stalled the rally today (green line). That MA is currently at 0.8403The 100 bar MA stalled the fall today (blue line). That MA is currently at 0.83705.When this occurs, the buyers and sellers are battling between the MAs, but support and resistance are putting a lid and floor on the pair. At some point, that dynamic will not persist forever. What traders hope, is a break higher or lower leads to momentum in the direc

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What I like about the EURGBP chart is..... ...Middle East

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