POSSIBLE CONTINUATION LONG EURGBP
TRADE = LONG
1) CONTINUATION PATTERN FORMING - BULLISH PENNANT FORMING ON UPTREND
2) PRICE AS TOUCHED AND TESTED RESISTANCE TURNED SUPPORT AT 0.7535
3) DAILY CHART - FIBONACCI RETRACEMENTS CONFIRMS STRUCTURE SUPPORT 50.%
4) DAILY ALSO SHOWING SIGNS OF TWEEZER BOTTOMS AT END OF DOWNSIDE RETRACEMENTS
AWAITING FOR PRICE TO CLOSE INSIDE PENNANT ON 4HR CHART
ENTRY ORDER - 0.7573
STOP LOSS - 0.7520 (PREVIOUS LOW)
TAKE PROFIT - 0.7673 (PREVIOUS HIGH)
R:R - 2.08
FEEDBACK APPRECIATED
1) CONTINUATION PATTERN FORMING - BULLISH PENNANT FORMING ON UPTREND
2) PRICE AS TOUCHED AND TESTED RESISTANCE TURNED SUPPORT AT 0.7535
3) DAILY CHART - FIBONACCI RETRACEMENTS CONFIRMS STRUCTURE SUPPORT 50.%
4) DAILY ALSO SHOWING SIGNS OF TWEEZER BOTTOMS AT END OF DOWNSIDE RETRACEMENTS
AWAITING FOR PRICE TO CLOSE INSIDE PENNANT ON 4HR CHART
ENTRY ORDER - 0.7573
STOP LOSS - 0.7520 (PREVIOUS LOW)
TAKE PROFIT - 0.7673 (PREVIOUS HIGH)
R:R - 2.08
FEEDBACK APPRECIATED
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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.