Once again a reminder that we are in NFP week and bank holidays ahead. Keep risk low and only enter trades that are clear and obvious!
EURGBP might present a good buy opportunity soon. We are looking for a double wave correction down before going long along with bullish divergence to develop.
Entry:
H4 – Wait for the potential double wave correction to take place along with divergence as shown in the screenshot.
Target 1: H4 20 MA
Target 2: 0.7330
Stop Loss: below last low created
Video Explanation
Yours,
Vladimir
