TradingView
kenzima44
Jan 20, 2022 4:59 PM

eurgbp buy. long Long

Euro / British PoundFOREX.com

Description

hello guys

This is a EurGbp buy trade. As you can see the wedge is very difficult to identify. And price as a strong reaction on it as a support or resistance.
Now, i've identified the embedded channel within it so we can easily mark out the actually wedge line. This is a trade that requires patient to hit tp (if youre swinging it), anyways, I assume price will be aggressive towards the up side from this moment since its resting on a support of the wedge since around April 2021.

Nice risk to reward as well!!

Good luck. Trade is active now. SL 0.82960
TP: 0.84800
Comments
Amirhosseinbahrami7899
Great analysis Thank you !
JoeChampion
Thanks for sharing, you are awesome!
kenzima44
@JoeChampion you’re welcome! Pls share and like. More analysis on the way!!
More