EurGbp at the 1 hour time frame is nearing the lower range and also a support levvel. Chances are price will bounce back up from this level.
Wait for the next hourly candle, if its green its a bounce back and high chance of next 2-3 candles also being green, so take a buy.
If its a red candle and breaking the support then its a nice sell entry. So on market open have a bit of patience and wait for the next candle.
Wait for the next hourly candle, if its green its a bounce back and high chance of next 2-3 candles also being green, so take a buy.
If its a red candle and breaking the support then its a nice sell entry. So on market open have a bit of patience and wait for the next candle.
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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.