FX:EURGBP   Euro / British Pound
172 2 1
**WT +55** This bat on the EuroGBP is a high probability trade. A lot of confirmation lining up with it
I observed several other patterns that complete at the x leg of this bat and there is also some fib levels and structure that line up. My expectation is for a bounce to occur from point D and initialize the setup of a bullish butterfly that completes below point x. I do expect price action to go down further, however, I am taking advantage of a small play in between this time.
Looks very enticing !!!
I can see where EW A = C as a confirmation.
And the ab=cd is pretty close at the 1.618 of b to c
And the 1.618 of a to b is a down in the x area . . .
any other confirmations lining up that I missed ?
Best of luck ~~~~~~ thanks for your thoughts !!!
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out