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EURGBP LONG breakout and retest 29 JUN 66 (education)

Long
Euro / British Pound (OANDA:EURGBP)  
kennkennntl  
OANDA:EURGBP   Euro / British Pound
Trend Analysis Technical Indicators breakout sideways trending emacrossover EURGBP candlestickpattern Demand Zone
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trendanalysis indicator breakout sideways trending emacrossover eurgbp candlestickpattern demandzone


In the weekly chart, the price show 2 consecutive large green indicate price reversal.

The price of EUR/GBP pair broke out of the range in 45Min TF and throwback at the resistance become support level.

The EMA crossover shows the bullish momentum for entry.

The candlestick that confirm bullish rejection at the resistance become support level is "Doji"

Therefore, i decide to entry at the current price and stop loss slightly below EMA "34" .
The profit target is 2.00 RR.

# i decide to use EMA as dynamic support level after price start trending market.
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