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DeGRAM
Nov 4, 2020 8:32 AM

EURGBP growth in channel  Long

Euro Fx/British PoundFXCM

Description

The last two weeks have been especially successful - 4 of my predictions for this pair have come true and now we are ready for the next step.
The price:
19 October ( broke through the resistance line (and returned back to the front of the channel).

22 October ( began to fall from the resistance line).

26 October (broke another resistance line that formed inside the channel).

30 October (continued to fall and came to the support line).
And now kicked off and ready to grow.

Now the price has reached the lower channel line as well as the strong support line.
I expect the price to start rising.
The target is the resistance line.

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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
Comments
DACapitalTrading
Nice and detailed view buddy, keep it up!
Lingrid
very interesting good
DeGRAM
@Lingrid, Thank you
TradingAlchemist
what sl?
DeGRAM
@TradingAlchemist, Can be 0,892
Solldy
Nice channel. 👍🏼
DeGRAM
@Solldy, Thanks a lot
Saeed966
I agree with you if he breaks the channel and at the same time the Pound weakens
DeGRAM
@Saeed966, Thanks for the words.
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