EURGBP-could start a rally soon-big bat still in play

23 ก.ย. 2015

The EUR is weak these days but according to this analysis this pair could start a rally very soon.
First, we have a monthly bullish bat still in play. Targets are not reached yet

Looking a D1 chart price is bouncing from my prefered EMA 55 and strong structure:

Here on H4 chart:

- AB=CD pattern (green)
- price bouncing from base channel (this channel usually is support for wave 4)
- perfect bullish butterfly visible better on H1 chart(see below)



Ideal SL and Targets are shown on chart.

Regards