EllaineEscueta

Not the most fun analysis... But I think the R:R is worth sharin

FX:GBPUSD   British Pound/U.S. Dollar
Two back-to-back advanced pattern trading opportunity on GBPUSD             4hr. Great R:R on the bigger pattern (a little more than 2:1 to T1) and at least a 1:1 to first target for the smaller pattern.
If the smaller pattern completes first, the bigger one will still be valid after T1 and T2 have been achieved (unless price violates "X"). However, if the bigger pattern completes first, this will invalidate the smaller pattern.
Comment: The smaller bullish pattern is now invalidated... Waiting for price to reach bigger bear pattern completion
Love it, something for whichever way it goes!
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder 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
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out