On the EURGBP daily a falling wedge has formed and the price broke above the resistance trend. On the 4hour it has confirmed a break on our resistance trendline, i have entered into a buy position but you can wait for a retest on previous structure with target at previous resistance structure of 0.86400 stops at 0.85112.
Trade active
Trade closed: target reached
It hit take profit.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.