EURGBP: Preparing For The Next Move! Our Plan: ๐Ÿ‡ช๐Ÿ‡บ๐Ÿ‡ฌ๐Ÿ‡ง

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EURGBP keeps being very bullish from 10th of August.
Being bullish biased, I am looking for an opportunity to catch the next bullish wave.

On focus is a double bottom formation on 4H.
Its lows are lying on a daily support cluster.
To buy with confirmation I will wait for its neckline breakout.

0.857 - 0.8575 is the zone that must be broken.
Wait for a 4H candle close above that.
Then buy aggressively or on a retest.

Initial goal will be 0.8615

In case of a new lower low formation on 4H,
the setup will be invalid.

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Double Top or BottomEURGBPForexpoundpoundsterlingTrend AnalysisWave Analysis

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