Oztrade
Long

EURGBP 240m - SHELF - CHANNEL - FLAG PATTERN

FX:EURGBP   Euro Fx/British Pound
53 0 0
Hi All, I wanted to share this potential opportunity with low risk. I am not too familiar with these trades as I only study advanced patterns.

Here looks to be a potential flag pattern or Channel Pattern.

I have noted the 2 potential completions being equal length moves of the original pole. or A-B move

I have also put in 2 key levels of structure for T1 and T2

Also Daily seems to be in Bearish Rotation - we have tested these levels 3 times now.

If you could go long as low as possible then your risk obviously is less.

Happy trading - if anyone knows more on these patterns - feel free to comment it would be great.
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