A lot of things going on with EURGBP

FX:EURGBP   Euro / British Pound
50 7 2
Hello everyone, we have a lot of things going on in eurgbp            
We have a falling wedge to begin with targets close to 0.7500 which is also the previous structure and a 1.27 fib extension
entry for this trade would be at the bottom of the wedge since that might be a completion of a possible ab=cd pattern as well with stop loss around the 1.618 fib extension
lets see how this plays out
Best of luck
Hey Akash - in a flag pattern with bottom trend support - three demands below to hold price - interesting situation
I was also looking at that same pattern but i wasnt sure if it was as perfect flag, looked more of a falling wedge to me , but yes looking forward to how this plays out

Interesting stuff going on with gbpusd as well
kate25 AkashGaur
Nice charts as always Akash
+1 Reply
lol you are too generous
just took a well needed break after a streak of bad trades
Will post regularly now
Great analysis Kate, gave me more confidence with this trade. Thankyou :)
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