WicktatorFX

EURGBP - Reversal Incoming! 🚀

FX:EURGBP   Euro/Libra esterlina
EURGBP is almost ready to reverse but we have 2 potential areas where it can reverse from.

The first area is a parallel channel support where price has respected the upper limits a number of time.
The second area is a structure level where price has reacted to aggressively.
Either of these 2 areas would be great for reversal.

Trade Idea:
- Watch for the bounce off, either on parallel channel or structure level
- Enter with stops below the rejected price
- Target the parallel channel resistance as first TP and major structure level as second TP

Goodluck and as always, trade safe!

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