moreblue

Long idea on EURGBP

OANDA:EURGBP   Euro / British Pound
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1
Price so far has been moving nicely in this upward rising regression channel. The last time it tested the bottom of this channel (around +/- 0.8950), we had a nice bounce to the upside.
Zooming in on the 4 hour chart, we see the bottom of this channel coinsides with previous support around +/- 0.9000. I'm looking to establish a long position after a confirmation price is holding this level.

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