Kaetea_Ng

Breakout of a wedge pattern. Bullish on GBPEUR 1h

Long
Kaetea_Ng Updated   
FX_IDC:GBPEUR   British Pound / Euro
In this chart you see a clearly defined wedge pattern. Multiple tests of trend lines is indicated by the arrows. After the break, price consolidated above the trend line resistance and is likely to continue further up.

Entry: above minor high of the pattern
SL: below minor low
TP: below Major Resistance
Trade active
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.