InsideMarket

Trade #10 EURGBP - Hopping on the trend: second attempt.

Long
FX:EURGBP   Euro / British Pound
Hourly I see EURGBP trending up. The current retracement is seen as an opportunity to hop on the trend.


There are some fibonacci confluence of the impulse retracement and the extension of the correctional impulse. The long position will be triggered there.

Target two is were impulse and trend targets confluence. Target one will be the top of the trend impulse.

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Happy trading!

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