EURGBP on the 4h chart after the test of the daily support at the 0.87400 area has created an impulse that broke the previous lower highs of the downtrend.
The price moved above a weekly structure and retest it a few times.
Is also interesting to see how the weekly structures lays exactly over the 0.618 Fibonacci area and the 0.5 is a 4h resistance.
I will wait for a potential break of the structure and IF the price will break above i will set a nice long order according to the Plancton's strategy rules.
The price moved above a weekly structure and retest it a few times.
Is also interesting to see how the weekly structures lays exactly over the 0.618 Fibonacci area and the 0.5 is a 4h resistance.
I will wait for a potential break of the structure and IF the price will break above i will set a nice long order according to the Plancton's strategy rules.
Comment:
a perfect break and retest