EURGBP Looking for a Long entry!
In the EURGBP pair, we have a long setup where the price has broken a previous swing high at the level of 0.8585. The price then retraced within the last bearish candle on the H4 timeframe, which led to the breakout of the swing high. In this area, I'm looking for a bullish entry if the market on the M5 timeframe shows signs of a bullish structure, namely forming higher highs and higher lows. Of course, the stop loss, in case of a long entry, will be positioned around 0.8550, and the target will be the level of the previous swing high at 0.8660.
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