vlad.adrian

EURGBP - Signals for a correction

Long
FX:EURGBP   Euro / British Pound
5
There is a very strong downtrend going on in this pair, and I expect it to continue a bit more, until it hits or breaks the weekly support level that's coming. For the mean time, I expect a bounce, because price is extremely deviated from the Wave and the MACD histogram has drawn a bullish divergence. I have bought two lots, and I'm going to close them at the targets drawn on the chart. Stop at 0.79065.
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