Hello traders,
EURGBP setting up nicely for another winner on the monday and a really solid start of this trading week.
First lets start with the fact that we had a nice and solid retracement and that we broke above structure again.
We had a counter-trendline holding the push up back, this broke.
Also the most recent support/resistance zones broke back above, giving us the H&S, this means that price-action wise we are good to go.
Lets wait for the indicators to get the entry and pick up our third winner of today.
Have a great week!
EURGBP setting up nicely for another winner on the monday and a really solid start of this trading week.
First lets start with the fact that we had a nice and solid retracement and that we broke above structure again.
We had a counter-trendline holding the push up back, this broke.
Also the most recent support/resistance zones broke back above, giving us the H&S, this means that price-action wise we are good to go.
Lets wait for the indicators to get the entry and pick up our third winner of today.
Have a great week!