currencynerd

PCP , potential continuation pattern

Long
FX:EURGBP   Euro / British Pound
intraday outlook ;

price is trading in an ascending parallel pattern , having recently broken 4hr bearish trendline indicating that current market momentum is bullish .

The hourly chart is showing me a potential long setup , i am first looking for price to give me a touch/retest on the bottom trendline of the channel where potential catalyst for the upside move is liquidity pool ranging from @ 0.83394 (which is also the proximal price for hourly demand peak) to @ 0.83369 with possible targets at daily imbalance @ 0.83890.


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