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SirajHudda

EURGBP Ending Diagonal Completed, Go Long!

Long
Euro / British Pound (FX:EURGBP)  
SirajHudda  
FX:EURGBP   Euro / British Pound
EURGBP Bullish Patterns Ending Diagonal AB=CD Elliott Wave
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eurgbp bullish endingdiagonal abcdpattern elliottwaves
EURGBP has been going through a long term correction(monthly chart). The correction seems to be bottoming out as the EURGBP has formed AB=CD pattern which has completed at around 61.8% FIb from its Top, We have bullish divergence on daily chart with RSI and MACD and there is an Ending Diagonal Pattern formed on Daily/4hr chart which has broken on upside now signaling the reversal. The candle stick patterns are showing a Doji/Hammer reversal patterns on Daily,Weekly and Monthly charts. One can go long with the defined risk reward on chart.

Happy Trading!!
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