Long EURGBP on Knoxville Divergence and Bullish Bat

14 thg 7, 2015

A potential long opportunity has presented itself in EURGBP after a Bullish Bat pattern has been completed. Bullish Knoxville divergence has also been printed at the completion point, providing another indication of a potential move upward. Targets and details on chart.

Knoxville Divergence:
The presence of significant Momentum (20) divergence while RSI (21) is overextended at any point during the divergence period.