EURGBP Long Idea

Expecting some bullish pressure of the EURO.

Price made a bearish fall but ultimately respected the monthly trend line.
Price then formed a double bottom (which is a bullish candlestick pattern)
There was also bullish divergence confirming that price was ready to make a push to the upside.

I am looking to enter a long positon, once price make a retracement and test the neckline of the double bottom, which also will fall between the 50.0 and 61.8 Fibonacci level.
bearishpoundDouble BottomFibonacciFibonacci RetracementlongeurgbplongeuronecklinetradeSupport and ResistanceTrend Lines

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