EURGBP - LONG, Double-Bottom and Bounce off LT Support.
Great opportunity to enter LONG on Euro Pound. Pair
has been in consolidation on the daily time frame and has
established a nice channel. Recent downward movement
has tested support twice and is poised to bounce. This is
a great 6:1 Risk Reward trade if entered now with tight stop
just below last low.
First Target 0.382 Retracement
Second Target 0.618 Retracement
Third Target 0.764 Retracement
Let the rest run and see if hit short-term resistance!
Good Luck!
has been in consolidation on the daily time frame and has
established a nice channel. Recent downward movement
has tested support twice and is poised to bounce. This is
a great 6:1 Risk Reward trade if entered now with tight stop
just below last low.
First Target 0.382 Retracement
Second Target 0.618 Retracement
Third Target 0.764 Retracement
Let the rest run and see if hit short-term resistance!
Good Luck!
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