sinkarami

Analysis on #eurgbp

Long
OANDA:EURGBP   Euro / British Pound
After a triple bottom pattern, price broke it's down-trend trend line, and started an up-ward trend. At this moment price is in an ABC pattern correction which is going to end, we can see lack of bearish momentum and we have a positive hidden divergence on MACD.
Our first target is the top of the correction wave and our second target is the daily resistance zone, as shown in the picture.

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