EURGBP 4HR TIMEFRAME
EURGBP 4HR TIMEFRAME
Market Structure: Bearish
EURGBP is on a bearish momentum to take out previous buy liquidity. There's not much consolidation, which confirms my confluence that EURGBP will continue bearish.
TPS are marked.
Since I marked this during NY Session, I would wait until London Session to hunt for an entry.
REMINDER: Always take profit/partial profit at TP1. Price majority of the time reverses back to entry zone, then continues to smash TPS.
Market Structure: Bearish
EURGBP is on a bearish momentum to take out previous buy liquidity. There's not much consolidation, which confirms my confluence that EURGBP will continue bearish.
TPS are marked.
Since I marked this during NY Session, I would wait until London Session to hunt for an entry.
REMINDER: Always take profit/partial profit at TP1. Price majority of the time reverses back to entry zone, then continues to smash TPS.
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