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piptank
Jan 19, 2015 6:02 PM

Euro Sterling buy bottom #trendchannel $EUR $GBP #forex Long

Euro Fx/British PoundFXCM

Description

This pair is in a clear downward trend channel.
I assume that the trend continue.
That means I enter a long position at current price. I buy the bottom of the trend.
It's a technical position. ECB is likely to launch a QE program later this week watch out.
TP 0.783
SL 0.758
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