TheBearTrader1

EURGBP- Potential move high, wait for retracement POTENTIAL 11%

Long
OANDA:EURGBP   Euro / British Pound
We can see on the 4H chart how impulsive price was last week and is now due a retracement, the 38.2 fib level lines up with a daily structure level (roughly) if we get a nice retracement down to here with a confirmation candlestick I will be looking to go long. Lovely risk to reward, nice and simple trade if it plays out.
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