EURGBP OUTLOOK
Price trading inside bearish channel but has reached a prominent order block where a falling wedge pattern formation has occurred.
There might be a potential opportunity for a long with targets reaching the higher order block before taking profit at the recent high (Resistance).
We had already marked the Key Levels.
Impulse long entries can be taken.
We had our longs set up with potential upside in the R:R ratio of 1:4.
Price trading inside bearish channel but has reached a prominent order block where a falling wedge pattern formation has occurred.
There might be a potential opportunity for a long with targets reaching the higher order block before taking profit at the recent high (Resistance).
We had already marked the Key Levels.
Impulse long entries can be taken.
We had our longs set up with potential upside in the R:R ratio of 1:4.