SmartTradingFX

EURGBP: Simple Clean Analysis - Next Place For Longs?

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FX:EURGBP   歐元 / 英鎊
10
Analysis on chart!

This pair has been bullish breaking and closing above previous structure levels! I would look for a pull back into previous structure where we also have a 0.5 Fib Retracement!

I like this opportunity for two reasons :

1) Not too much risk
2) A clear level to look for profits (Next major level of structure)

There is also harmonic legs completing at that next major level, so i would expect to see that 0.7600

If we do get a pull back I will drop down to the 60 min to look for an entry method! If we get one I will post the idea for you guys!

Hit that like button, share and comment away! Very much appreciated!

Ric

Smart Trading FX
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