Rising channel on GBPUSD A potential rising channel might form within the bigger descending channels (pattern within a pattern), the potential rising channel if completed to a touch by the top trendline will confirm a signal of price moving lower towards the 90% Rule. Price from there on might shoot upwards or continue to move lower.
Patternwithinpattern
Pattern within a pattern confirmation // EURGBP shortA reversal channel pattern is forming on the 1hr time frame, within a bearish flag that was formed in a HTF (4hr - Daily) of the EURGBP. If the price completes the reversal channel pattern, then there's a high probability of price dropping towards the weekly support area or reverse on the trendline that was formed by the falling wedge Pattern on the HTF (Daily).
Place a pending order on the 15m time frame near the top of the reversal channel that is potentially forming currently.
GBPCHF | Descending Within Descending Looks Like We may have another Descending within a Descending play, so far The potential descending within the larger structure is not yet complete, we need to see at least two swing highs and two swing lows, depending on the swing low, we'll determine which entry we should take. whether a Risk entry or the LTF Correction after the breakout.