EURGBP has been very weak, drifting lower and lower.
Pattern Identification
I am probably forcing a pattern into this setup here. I see a bullish Crab Pattern completing 0.8415.
Ideally if it coincides with the bottom of the channel.
There is a strong Horizontal support at 0.8450
RSI already showing potential bullish divergence
Trade Execution
Wait for a pattern/candle reversal at the support zone 0.8450 or 0.8415 before I would be interested to go long.
Pattern Identification
I am probably forcing a pattern into this setup here. I see a bullish Crab Pattern completing 0.8415.
Ideally if it coincides with the bottom of the channel.
There is a strong Horizontal support at 0.8450
RSI already showing potential bullish divergence
Trade Execution
Wait for a pattern/candle reversal at the support zone 0.8450 or 0.8415 before I would be interested to go long.