Today while analyzing the market I have faced very interesting setup on
EURGBP
.
The price is moving in harmonically and testing diagonal support (dark red trendline), If you look at the blue trendlines both moves are almost same and they are parallel to each other; and all together this is 3-drives pattern. We have a very nice confluence of fib ratios on key reversal levels. Our target is fibs 1.272 with the confluence of diagonal support level, besides we have a LL if we look left. This is a good trade to get involved in.
Avto_T
Green Luck
EURGBP
. The price is moving in harmonically and testing diagonal support (dark red trendline), If you look at the blue trendlines both moves are almost same and they are parallel to each other; and all together this is 3-drives pattern. We have a very nice confluence of fib ratios on key reversal levels. Our target is fibs 1.272 with the confluence of diagonal support level, besides we have a LL if we look left. This is a good trade to get involved in.
Avto_T
Green Luck
