Hello traders,
EURGBP should drop soon, maybe it's the time to breakdown, so watch the price action right on previous low (0.84700) for a possible break out of corrective structure.Divergence in place
Also breaking down the trendline will give us a big trade so we should hold our short and if we get lucky then we will have a big reward trade.
However, if it finally bounce I will wait to sell near tops.
Take care
EURGBP should drop soon, maybe it's the time to breakdown, so watch the price action right on previous low (0.84700) for a possible break out of corrective structure.Divergence in place
Also breaking down the trendline will give us a big trade so we should hold our short and if we get lucky then we will have a big reward trade.
However, if it finally bounce I will wait to sell near tops.
Take care
Comment:
Still looking for the drop, it's not ready yet, should wait to complete the correction
