EURGBP is approaching strong horizontal support.
To catch a pullback from that, pay attention to a falling parallel channel on 4H.
The trigger that we are looking for is 4H violation of its resistance.
Only then we can buy.
Goals:
0.879
0.8835
In case of a bearish breakout of a green zone, the setup will be invalid.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.