bullishconfluence

jamiekent123 jamiekent123 EURGBP, 240, Long , 4 months ago
EURGBP: EURGBP Long Setup - 4hr Breakout
42 0 9
EURGBP, 240 Long
EURGBP Long Setup - 4hr Breakout

EURGBP can be construed to be in a continuation of its long term uptrend with a dispersal triangle pattern on the daily. If this is the case we are due a move back up to the uptrend and a breakout of this shorter term downtrend shown on the chart. As we are approaching the lower positive trend we are getting ever closer to a long opportunity where we will be ...

glennmercer glennmercer PRO GBPCAD, 60, Long , a year ago
GBPCAD: GBPCAD Long: Bullish Confluence with High R/R
266 4 8
GBPCAD, 60 Long
GBPCAD Long: Bullish Confluence with High R/R

GBPCAD has completed a bullish bat on the 15m TF. Zooming out to 1HR we can observe a double bottom forming at the PRZ. Two longer-term trendlines provide added support at this level. The daily TL also forms a potential bottom barrier of a triangle pattern where the first bottom serves as touch four. Targets are placed at structure high and 1.272/1.618 ...

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