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EURGBP: How to Buy Wisely?

Long
Euro / British Pound (FX:EURGBP)  
VasilyTrader Updated   
FX:EURGBP   Euro / British Pound
Trend Analysis Chart Patterns Wave Analysis euro pound poundsterling GBP EUR Technical Analysis fx
65
15
trendanalysis chartpattern waveanalysis euro pound poundsterling gbp eur technicalanalysis fx
snapshot

EURGBP is approaching strong horizontal support.

To catch a pullback from that, pay attention to a falling parallel channel on 4H.
The trigger that we are looking for is 4H violation of its resistance.
Only then we can buy.

Goals:
0.879
0.8835

In case of a bearish breakout of a green zone, the setup will be invalid.
Comment:
Check my new analysis on EURGBP:
EURGBP: Catching a Pullback
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