Possible Long Entry EUR/GBP 20/12/19

2019-12-21 14:03:42

1) Possible continuation of upward trend in the short term, if the candles remain above MA (9).
2) Possible false breakdown of the 0% Fibonacci level and then bullish rebound at this level.
3) Possible breakdown of bearish channel and conformation of bullish channel.
4) Stochastic in weekly oversold levels. In Daily time, in positive zone and bullish direction.

Setup:
Entry = 0.084716
SL = 0.83359
TP1= 0.86732
TP2= 0.87980
TP3= 0.88988