Short analysis on ETHUSD.
4 reasons to long:
1. Broke 300 support with little resistance
2. New high on yesterday daily bar
3. Pinbar technical pattern just formed on H4 time frame
4. Broke the 50% retracement, awaiting 61.8 break @ 323 (will add positions once broken with confidence)
5. BTCUSD bounced off 61.8% retracement a couple of days ago. Given ETH and...
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From the Daily chart,
The Cable's mid-term main trend is bullish.
Currently undergoing Elliott Wave 4, which is a correction wave, and retracement from the past weeks' rally.
From the H4 chart,
The Cable has been consolidating for the past half week, most likely affected by the news of Greece.
It had...
![GBPUSD: [280615] Easy Digestion of The GBPUSD](https://s3.tradingview.com/s/so34LuNR_mid.png "[280615] Easy Digestion of The GBPUSD")
