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joshdanby
Jun 8, 2020 9:05 PM

EURGBP potential BUY Entry Long

Euro Fx/British PoundFXCM

Description

potential buy. i can see a symmetrical triangle wedge pattern which indicates a breakout, in the buyers favour.just waiting for reversal as sellers are in control at the minute. hoping it will hit the support rectangle within the wedge and then reverse, i also notice a strong W pattern forming, clear on the 4h chart which indicates to me a strong bounce in the buyers favour, but if not will wait for the sellers to break through the rectangle and hopefully bounce of the lower trend line, resulting in a potential entry
Comments
joshdanby
Mronejr
I see a head & shoulders pattern, will see how the market reacts.
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