Hello Traders, i am watching EURGBP for a move to the upside after a big corrective move to the downside.
I will be watching on 1Hr timeframe for a bullish impulse and then a correction for more upside.
Of course you can jump in with a risk entry as soon as price approaches your area of interest.
Possible 1:5 RR on higher timeframe
Overall a high probability setup. If you see a strong break to the downside then the setup is invalid.
Be safe and trade with care.
Lets get it!
I will be watching on 1Hr timeframe for a bullish impulse and then a correction for more upside.
Of course you can jump in with a risk entry as soon as price approaches your area of interest.
Possible 1:5 RR on higher timeframe
Overall a high probability setup. If you see a strong break to the downside then the setup is invalid.
Be safe and trade with care.
Lets get it!