EURGBP ____ BULLISH MOVE ANALYSIS

Hello traders,

We can see that price has formed relatively equal lows and highs which is famously known as sell-side and buy-side liquidity. What price is likely to do is hunt both liquidity pools because there would be buy/sell orders, stop-losses etc.

The market is more often than not going to go after the buy/sell side liquidity, thereby stopping so many traders out.

Whenever you want to take a trade, and you see this kind of setting, it is best you wait for the sweeping of these liquidity pools before looking for a trade setup that way, you will not be stopped out only for price to go your way.

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Cheers,
David