FX:EURGBP   Euro Fx/British Pound
38 0 2
There is a potential High Probability Funnel (HPF) forming here on eur/gbp             as we are looking for the completion of the low 3. Target area is projected by measuring the width of L1 to H1 and projecting it from where the market breaks the funnel.
If you want to play it as 2 target trade then Target 1 would be a retest of H1. These setups are very high probability and very high R/R. Stop Loss goes just below the support line or below L2 whichever one you prefer. If the market breaks L2 the funnel is invalid.
Ideas Scripts Chart
United States
United Kingdom
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