Hello Traders
After a week
EURGBP
hits again that major support level on the 4h chart.
At this moment it looks like a double bottom but that's not a reason to go long.
on the 1h chart we also have a double bottom with bullish divergence.
All i'm waiting for is a break of structure to the upside on the 1h chart and a retracement (what will turn into a 2618 retracement) to go long here.
Goodluck traders
Jimmy du Bois
After a week
EURGBP
hits again that major support level on the 4h chart. At this moment it looks like a double bottom but that's not a reason to go long.
on the 1h chart we also have a double bottom with bullish divergence.
All i'm waiting for is a break of structure to the upside on the 1h chart and a retracement (what will turn into a 2618 retracement) to go long here.
Goodluck traders
Jimmy du Bois