Hello, Traders. In the EURGBP chart, we have identified first impulse and followed by an expanding flat correction. Then, it continued with a short impulse and then a correction, followed by another impulse. As now we can see, there is a possible expanding flat formation that is about to complete and would be expecting downward move as impulse. There is also divergence found in the MACD indicator in the H4 chart. Look for a correction after impulse for possible short entry.
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Happy trading, guys.
If u like the analysis and want future chart updates, please do help share the charts and like my page. There is more to come ;) , lets make money. Thank you.
IF you are interested in letting us manage your account for consistent profits, just PM to me.
We do manage investors accounts.
Thank you.