EURGBP, 4hr tf, buy the end of wave-4

2021年8月24日

I am expecting further upside in this pair.
Price currently retracing to complete wave-4.

Notice that wave-1 and wave-3 are almost same length.
Usually when the length of wave-1 and wave-3 is the same size, wave-5 gonna be the longest wave and it will have 1 : 1 : 1.618 comparison.

Buy EURGBP 0.8558
Stop loss 0.8530
Take profit 0.8638 (2.8R)

Use only 1-2% risk
Good luck