If you move away on a four-hour TF, you can see that the price has come to the resistance line and now, having pushed off from it, it is going down to strong support lines.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
Setup is ok, BUT. If you are selling EUR/GBP in this case, you cant sell GBP/JPY, if this is going down GBP/JPY goes the opposite direction. That's normal behavior. But your setup for GBP/JPY is selling also. It s not going to work. These two pairs behave like this. If GBP/JPY goes down, EUR/GBP will retest 93.