BennyManieri
Long

Manieri: Combined technical score shows potential reversal zone

FX:EURGBP   Euro Fx/British Pound
Using the four hour chart as a higher time frame and a one hour as a trading time frame, a CTS             score starts to build in the zone highlighted in yellow. If RSI goes oversold in this same zone, I think it could constitute a strong buying signal. We see confluence of both a larger retracement and extensions/inversions in the zone, as well as an ABCD pattern . As it stands, the score stands at a six.
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