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NDOBObanks
Jan 30, 2024 10:34 AM

EURGBP Descending Triangle Pattern Breakout Long Long

SAXO:EURGBP60
Euro/British PoundSaxo

Description

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We expect a reversal to the upside on this pair, signalled by the descending triangle pattern breakout and counter-trendline breakout. We can also see the breakout of a key level which further supports our directional basis.

Trade closed manually

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Trade closed at a loss
Trend AnalysisChart PatternsWave AnalysisDescending Triangledescendingtrendlinedescendingtriangebreakouttradingbreakoutsignalbreakouttradebreakoutbareurgbplongeurgbpanalysis
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