OANDA:EURGBP   Euro / British Pound
EG - From December 2020 there has been a huge bearish downtrend until April 6th and price began to consolidate with price bouncing between 84500 and 86500 but recently the bearish price action has continued. On October 22nd we created a LL which then led to an LH on 5th Nov and finally creating a new low on the 23rd of November. My Idea is with the trend continuing to make LH and LL we have a good opportunity for sells around 0.85000 area with 61.8 swing and 3rd touch daily TL. However, what is worrying me is the huge daily bullish candle, I wouldn't want to enter on another bullish candle so my idea is to wait and see how price reacts Monday to that resistance and any rejections from the swing I will be in for sells. Any Feedback would be great.
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