Pedro_Forex

EURGBP 10/17/19

Long
FX:EURGBP   Euro / British Pound
Price has rejected off the weekly institutional candle that gives me confidence that we can see some bullishness in the future especially after the large drop we recently had. Going down time frames I have found a potential set up coming lower time frames add precision and low risk trade even if it blows past the mitigation candle.

weekly institutional candle

Daily view of price rejecting the weekly mitigation candle and potental equal highs

4HR chart showing a potential mitigation candle that price can come to in the future right after equal highs

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