Telson

EURGBP Rising wedge formation & RSI Divergence

Short
FX:EURGBP   Euro / British Pound
Monitoring the EURGBP pair we have identified an RSI divergence on the Hourly chart.

We anticipate to see a retest of the 0.84260's level after the false break out (see market conditions) followed by a break-out of the rising wedge formation with even bigger profits.

Profits and stop losses are set according to previous structure supports with the latter being fair to balance our RRR .

Since we all sometimes live in our own bubble, all feedback and comments are highly appreciated.
Comment: Same indications on Daily chart too

Trade closed: stop reached