EURGBP Short term buy opportunity before the next drop
Hi everyone:
Looking at EURGBP for some bullish buy setups to the recent tops.
Price has been in this HTF channel like structure for quite sometimes now.
We see price has been very corrective, moving up slowly within the channel
Latest price action has a strong bullish impulse form the previous descending channel structure, good indication for continuation once the price develop into this flag.
I would wait and see if price can push out of the flag structure, and LTF correction to get in the short buy to the recent tops.
From the top of the HTF channel, expect some sort of reversal price action to bring the price down.
thank you
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