EURGBP Long Trade Setup

10 Sep 2021

We may have an expanding flat, which might be over at the last low. If this is the case, a reversal structure should be in the making. I don't want to place an order above the reversal impulse because it can make a correction and new low. That's why I'm waiting for a complete correction and a small trade setup to place a pending order. I'll move SL to BE when the last top is broken and see what will happen next. My target is 0.87150 for a complete running flat.