EURGBP: Long setup

1 thg 6, 2015

Analysis on chart, clear mode rising in the 4h chart, with the correction finding support at a previous mode, which also happens to be a 0.382 retracement of the first leg up, so I'd be tempted to call this a wave 1-2 but can also be AB pending C.
Either way, EW labels aside, it's a buy with a stop under the mode.
Good luck,
Ivan.

2 thg 10, 2015

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