Wait for a buy setup with EURGBP
H4 time frame.
The short-term downtrend structure was broken when the price increased strongly and formed a symmetrical triangle consolidation pattern on the key level.
Price just broke out of this triangle consolidation pattern. Here, you can wait for a buy setup with a 1-hour time frame to trigger.
The profit target is the old resistance zone at 0.86600.
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Wish you all have a good trading day!
The short-term downtrend structure was broken when the price increased strongly and formed a symmetrical triangle consolidation pattern on the key level.
Price just broke out of this triangle consolidation pattern. Here, you can wait for a buy setup with a 1-hour time frame to trigger.
The profit target is the old resistance zone at 0.86600.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
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