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RlcTrading

Eur/Gbp Buy Idea

Long
Euro / British Pound (OANDA:EURGBP)  
RlcTrading  
OANDA:EURGBP   Euro / British Pound
Trend Analysis Chart Patterns Double Top or Bottom
3
0
trendanalysis chartpattern doubletoporbottom
This is reversing and the reversal pattern is still in play and may be over at any moment.

We have the buy signal on the hour 1 time frame but price fell back into the correction pattern.

I believe its safe to buy ... but you could use a buy stop order as well...

Good Luck

This Chart Pattern is a Double Bottom Trend Reversal Pattern meaning the trend could change from a downtrend to a uptrend.

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