EURGBP bearish candles at structure
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Hi all,
On the EURGBP we can see that price tried to break through the recent highs of 0.785, but instead, price has made a candle with a high wick. This indicates a bearish move.
We can also see some divergence on the hourly RSI.
Entry: 0.78475
Stop: 0.787
Target 1: 0.78075
Target 2 0.7774
Best of luck!
On the EURGBP we can see that price tried to break through the recent highs of 0.785, but instead, price has made a candle with a high wick. This indicates a bearish move.
We can also see some divergence on the hourly RSI.
Entry: 0.78475
Stop: 0.787
Target 1: 0.78075
Target 2 0.7774
Best of luck!
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