EURGBP Setting up a possible Double Bottom
RSI is diverging and hold the trendline
Price is testing a smaller channel and holding. Good RR from the bottom of the channel, otherwise further confirmation with an upside break of channel
RSI is diverging and hold the trendline
Price is testing a smaller channel and holding. Good RR from the bottom of the channel, otherwise further confirmation with an upside break of channel
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The spike down today broke the previous low, which makes the trade setup less attractive. My stop was close to being taken out (within 1 pip!) but did not, therefore taking the opportunity to close here for break even