Fxprotrader

EURGBP Buy Setup At Key Level

Long
FX:EURGBP   Euro / British Pound
After a sharp impulsive drop, price is now in acorrective structure having already completed waves A, B of a potential ABC pattern. Wave B looks like is completed with a smaller ABC pattern, with C wave at a long term key level. That's a very nice spot to go long trying to catch the larger C wave.

Entry price: 0.78034
Stoploss: 0.77290
Profit targets: 0.79977, 0.80713


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