As of 08/31/2015 at 19:00 EST:
We have identified a possible Short trade in EURGBP.
We will be watching EURGBP for a breakout of this Flag pattern to the downside. This is an emerging pattern with high probability. Wait for a close on the 30 minute chart below the lower trendline of this flag pattern before initiating a position. Targets of 0.72400 - 0.72500 and 0.72000.
If this pair breaks up through the upper trendline this signal will be null and void.
We have identified a possible Short trade in EURGBP.
We will be watching EURGBP for a breakout of this Flag pattern to the downside. This is an emerging pattern with high probability. Wait for a close on the 30 minute chart below the lower trendline of this flag pattern before initiating a position. Targets of 0.72400 - 0.72500 and 0.72000.
If this pair breaks up through the upper trendline this signal will be null and void.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.