#EURGBP is making a perfect 0-5 pattern. POint 4 is confirmed, so we've just to wait for a good Long entry.
TP 0.902 (that's Fibo 61% of all previous Swing)
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You might think why we going to buy EURGBP hence Fibo level 0.681 is working as resistance and 150 EMA is also there as a resistance.
I want to say that yes it will break the above levels which i have mentioned and RSI shows us its start of a bullish momentum. Its already crossed the 150 EMA and shows us a strong bullish candle.
TP's and SL is up to you
I'm eyeing a Demand Zone on the 15min chart that actually looks better on the one hour. If price drops to 0.89653, I'm expecting it to rally for at least 3:1 RR, since the price is up-trending on a higher time frame despite appearances on the trading time frame.
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Price just broke down my 100 WMA and 150 EMA. Price was rejected at the top trend line. MACD and Stoch RSI showing bearish divergence also.
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This is more bearish. We could see some minor bearish move. Personally i am waiting for the bigger move down.
Possible Ending diagonal forming. MACD and Stoch RSI both showing bearish...
EURGBP bounced off its support at 0.88812 where it could potentially rise further to its 0.89817.
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