EURGBP - LONG

Updated
Bottom of a channel, broke a prior low just a bit, now look for a reversal. You can wait until the reversal and first correction or begin to add incrementally and take a longer-term approach with more room to breathe. We are giving it a short here at 8505 and will likely use an 8480 SL.

Note
Placing BE SL for us
Trade closed: stop reached
Forgot to update the BE SL took us out.
Chart PatternsTrend AnalysisWave Analysis

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