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DacresFx
Feb 12, 2016 5:27 PM

EUR/GBP -LONG SETUP- Long

Euro Fx/British PoundFXCM

Description

1. As shown we are in a channeling uptrend idea of this is to try ride the uptrend as soon as possible
2. Channel support being tested showing price rejection
3. Horizontal support area
4. Fib 38% Seems to be holding
5. Potential inverted hammer being formed
6. Arrows on price showing measured moves to the upside
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