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  • Vasily Trader

EURGBP: Preparing For The Next Move! Our Plan:



EURGBP keeps being very bullish from 10th of August.

Being bullish biased, I am looking for an opportunity to catch the next bullish wave.


On focus is a double bottom formation on 4H.

Its lows are lying on a daily support cluster.

To buy with confirmation I will wait for its neckline breakout.


0.857 - 0.8575 is the zone that must be broken.

Wait for a 4H candle close above that.

Then buy aggressively or on a retest.


Initial goal will be 0.8615


In case of a new lower low formation on 4H,

the setup will be invalid.

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