Trilo

EURGBP Waiting for a breakout. A Nice setup!

FX:EURGBP   Euro Fx/British Pound
131 2 14
There is a potenitial long or short opportunity here. I am leaning towards an expectation of a bullish trend continuation but only time will tell. It is always a good idea to have reasons for entry in both directions.

The plan is to wait for a breakout either:
- a bullish breakout of the flag pattern .
- a bearish breakout of the descending triangle pattern.

I have marked potential targets for both trades based on structure and fibonacci confluence .

Please follow and like for more ideas like this! Thank you for looking!
stevendave
a year ago
Thank you for sharing!! Keep up the good work! :)
+3 Reply
Trilo stevendave
a year ago
I appreciate that. Thank you!
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out