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VasilyTrader
Aug 22, 2023 7:40 AM

EURGBP: Your Trading Plan For Today 🇪🇺🇬🇧 Short

EUR/GBPOANDA

Description



Update for EURGBP.
Earlier, we spotted a confirmed breakout of a key daily support.
The market is retesting the broken structure at the moment.

The price formed a bearish flag pattern on a 4h time frame.
Your confirmation to sell will be a breakout of its lower boundary
- 4h candle close below a trend line will confirm a violation.

A bearish continuation will be anticipated to 0.8515 support then.

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Comments
VasilyTrader
What do you expect from EURGBP?
SignalProvider
Definitely short!
Mihai_Iacob
Good analysis, EURGBP can drop, indeed. Thanks for sharing
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