EURGBP Waiting for Breakout

25 thg 8, 2021

The major trend lines were drawn from the 4HR Chart. First off, way too many lines, but it all makes sense right? I am looking for price to break the current upward trend or my drawn Support. If this price breaks the trend support, I would wait for a retest, all really depends. Major area of confluence due to the 200 EMA being so close by to possibly act as a support (which it has been at previous bounce off support). Looking for short entries and looking for a breakout when support is broken. Add any other information if you'd like. Thank you.