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EUR/GBP - Pattern Confluence
Euro / British Pound
Long
EUR/GBP - Pattern Confluence
By LewisGlasgow
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Apr 20, 2017
8
5
Cheer
Cheer
4
4
Apr 20, 2017
What's up everyone, here we have EUR/GBP with a bullish butterfly pattern inside of a bullish AB=CD pattern on the 4h chart.
I'd like to thank my good mate
tradingview.com/u/KyleMcQuade/
for spotting this setup.
This is an excellent trading opportunity with over 1:4 risk to reward.
The D point of both patterns complete at 0.81500, this has proven to be a crucial turning point in the market.
Time completion of the AB=CD is off but the setup as a whole looks great.
If you want more trading inspiration, follow me on social media :)
AB=CD
Bullish AB=CD
Bullish Butterfly
lewglasgow
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