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Euro / British Pound
Long
Updated

Possible Flat Channel Forming on EURGBP

219
There is a possible flat channel forming here on EURGBP. To be sure, watch the bottom of the channel for a valid bounce before placing any trades.
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We have received the bounce off the bottom of the channel as expected. Look to keep long positions until the top of the channel.
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Note
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The trade reached the take profit.
Watch for a continuation pattern to join short on the pair.
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Note
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DylanMorgan
correctionsEURGBPflatchannelFlatimpulsespatternspatterntradingWave Analysiswavetrading

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.
correctionsEURGBPflatchannelFlatimpulsespatternspatterntradingWave Analysiswavetrading
DylanMorgan

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.