EURGBP - 4H - Last impulse down to complete corrective sequence
Hello traders!
This is a short sell idea on the 4H timeframe with an entry in the 1H, as far as I see we need to complete 5 waves impulsive sequence that will touch the lower boundaries of the descending channel.
Fibonacci cluster at A = 1.272 C and wave 1 (Minute Green) = wave 5.
Structure completion in the region of Primary 4 (purple) (a.k.a support)
This is a short sell idea on the 4H timeframe with an entry in the 1H, as far as I see we need to complete 5 waves impulsive sequence that will touch the lower boundaries of the descending channel.
Fibonacci cluster at A = 1.272 C and wave 1 (Minute Green) = wave 5.
Structure completion in the region of Primary 4 (purple) (a.k.a support)