EURGBP in a nice corrective structure
I was waiting for long setup but this daily consolidation starts to look very weird. It is rounding out, losing momentum, we had a few lower highs and lows on the H1 - all these are signs for me to not enter the trade.
Price action gets even interesting for a short trade as the first impulse was down. I will wait for a small consolidation under the rising trendline for the short setup to be valid.
Price action gets even interesting for a short trade as the first impulse was down. I will wait for a small consolidation under the rising trendline for the short setup to be valid.
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