EURGBP Bullish Reversal Price Action

Updated


Hello traders:

Looking at EURGBP's price action for the buy opportunities.

We can see price had a HTF descending channel, correcting the price.

WE further see a smaller LTF decending channel and a strong bullihs impulse breaking up.

This is a good indication we are going to see the next bullish run on the HTF.

Price broke out now, so best to wait for LTF correction to get in.

Thank you
Note
snapshot
Chart PatternscorrectionFlagimpulseParallel ChannelpatternpriceactionstructureWedge

Also on:

Related publications

Disclaimer