EUR/GBP trade idea

There is a bullish candlestick formed and it formed ot the 50sma and the 61.8% fib level, also on daily chart as you can see the stochastic is oversold and the momentum is going up. I’ll wait for cross-over of the two EMAs for entry.
What do you think about the setup?


I am with you. Also the bullish candle is formed on the rising trend line in the daily chart.