on EURGBP we are testing a daily structure level that could turn out to be the right shoulder of a bigger head&shoulder (on the daily). So we know we want to look for shorting opportunities. In the 4HR chart we can see price's created a with a nice divergence.
The confirmation sell signal comes from the candle just formed.
In order to have a 1:1 RR at the retest of the lows i'm waiting for a small pullback into 0,8730 level.
Let's see if price triggers it.
If you have any question or remark, please comment below.
Otherwise, see you in the next chart!
Canale Italiano: https://www.youtube.com/c/MisterForexIT
Ultimo video: https://youtu.be/0rIFF-j4kdM
If you agree, like this chart! Thanks
My last (english) videoanalysis here: https://youtu.be/RUySg8LW6Iw
Great spotting as always.