FullTimeTrader
Long

EURGBP-W1 Gartley completed and other reasons to buy

FX:EURGBP   Euro / British Pound
279 1 4
According to my previous analisis, the W1 gartley is complete....

Doing more detailed analisis on W1 chart there are other technical reason to buy this pair.

Its true the EUR is weak but it is extremely oversold, we must expect a correction this days.
This trade is risky, but I prefer to enter as soon as posible to have a better R/R ratio
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Fundamental information:
The European Central Bank’s quantitative-easing program doesn’t get under way until Monday . The plan outlined by the central bank and detailed by ECB President Mario Draghi on Thursday will see the bank buying 60 billion euros ($66.3 billion) in mostly government bonds a month beginning on March 9 and running through September 2016

Good luck
thank you for analysis
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