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Samilefx

EURGBP

Long
Euro / British Pound (OANDA:EURGBP)  
Samilefx  
OANDA:EURGBP   Euro / British Pound
Trend Analysis Chart Patterns Technical Indicators
2
0
trendanalysis chartpattern indicator
EURGBP tested Dec' 23 support zone forming a double bottom. Upon a complete formation of bullish engulfing candle am going long.
Reasons:
(1) RSI below 40 indicates over sold
(2) Since Sep'23 the pair has not break the 0.85505 support zone
(3) Double bottom
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