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Long

EURGBP forming ending diagonal

FX:EURGBP   Euro / British Pound
47 1 5
Dropping somewhere below 0.7158 - {iv} overlap {i} - would expect an Ending Diagonal forming on the red C wave, thus, setting up for a 3 waves corrective rally on the {v}
Dropped below 0.7158 as expected, now forming ED.
Thus, setting up longs from 0.7045 for the rally, with SL at invalidation of ED at bottom of wave {ii}.

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