EURGBP Bounce trader with breakout possibility
EURGBP have been ranging since Mars, we are currently trading the upper level close to resistance (EMA633 4H/Supply zone)
This is a nice (School book) setup for a bounce back down.
Since we also see a bearish flag there is a good possibility that the pattern will breakout south.
Piphunters will enter SHORT on this trade after close of ONE significant red Heikin candle on the 4H chart.
If you miss this entry you can time or add position on next lower high in 1H chart.
This is a nice (School book) setup for a bounce back down.
Since we also see a bearish flag there is a good possibility that the pattern will breakout south.
Piphunters will enter SHORT on this trade after close of ONE significant red Heikin candle on the 4H chart.
If you miss this entry you can time or add position on next lower high in 1H chart.
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