in a high Time frame Daily or Weekly , When a Price make a pullback from a Major Level, you should wait a re test for a second times on law time frame
if you see that trend on chart is up and on indicator is down that's mean a divergence
you should place your First TP on the first Support on law time frame.and finaly you need to place your Stop Loss above 20...
SUMMARY:
The EURGBP pair bounced slightly during the course of the day on Friday, using the 0.8319 level as support. At this point in time, the market is looking bearish. The primary trend of EURGBP is bearish on charts and price is trading below its support trend line in its hourly chart. In its daily chart the price is sustaining below 100 day SMA that are...