SamKent
Long

EUR/GBP Pullback Entry Plan

FX:EURGBP   Euro / British Pound
61 0 2
The EUR/GBP             has broken through resistance and is now in the midst of another bullish sequence. We're interested in buying the pair on a pullback towards equilibrium. With that in mind, looking at the technical outlook, we're interested buyers at the point of confluence between the 0.800 round number and previous resistance area , the recent ascending trend-line, the kumo cloud and kijun sen, and finally the 60 RSI area. If these criteria are indeed met we're buyers, with a tight stop just below the kumo cloud.
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