Hello This is the idea I have on EURGBP. Confirmations - Bearish Order Block entry Price sitting below 50 Close EMA Price coming into major resistance area Last move Fibonacci matches OB + resistance level Following overall BTF direction
Confirmations for me - Trade is in overall direction of BTF Major BOS at 0.84655 price level Strong S/R at POI Entry matching important fib levels EDIT 16/08/2021 - 10:08AM - **TRADE CANCELLED. LOOKING FOR HIGHER ENTRY.** OB ABOVE SL
I anticipate GU to make a move to the downside after reaching a 4H Bearish Order Block, Strong S/R, matching fib levels on POI.