CollegeofPips

EUR/GBP | Potential Upward Movement

Long
OANDA:EURGBP   Euro / British Pound
πŸ’‘ Trade Idea

πŸ“ˆ Buy Limit EUR/GBP @ 0.9000

🎯 Target Profit 0.9125

πŸ›‘ Stop Loss 0.8939

❌ Do not risk more than 1 % of your account on each trade

πŸ™‚ Good Luck !

Description:
The price failed to close below the daily support 0.8866, and it posted a double bottom indicating a reversal from downtrend to an uptrend. Now, the price is trading around the neckline of the double bottom and we expect a lower correction before a move upward to the 0.9125 mark.

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