Eur/Gbp has moved back down to daily structure support after making a new swing high. I am long from 0.8160 right at the 127% extension of the last swing. I have build my case for entry with 3 technical coinciding indicators.
1. We have the retest of the daily support after new structure highs were put in.
2. The 127 extension of the last 4 hour swing leg.
3. Harmonic price movements completing right inside the buy zone (PRZ potential reversal zone).
Stops are placed underneath 161% extension at around 0.8120
1. We have the retest of the daily support after new structure highs were put in.
2. The 127 extension of the last 4 hour swing leg.
3. Harmonic price movements completing right inside the buy zone (PRZ potential reversal zone).
Stops are placed underneath 161% extension at around 0.8120