- price should retrace to the imbalance marked on chart and then bounce off that area
- looks weak at the moment but i believe it to be strong in the long run
My OTE entry for a swing long is towards the bottom of the area of imbalance below current price
EURGBP looks like its about to pop up according to my strategy. The next few candles should show potential to move upwards. I placed my target and stops to just above a 1:1 risk to reward ratio, when price is near my take profit, I will remove the take profit and place a trailing stop to maximize profits.