I’m sure this chart looks like a mess to most of you but every line currently on the chart is part of a pattern that is currently in play. We can see the smaller double bottom pattern we have been above the neckline of for a few days has a breakout target of 47.7k which it appears we are currently heading to now. In doing so, price action has also hoisted itself...
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...
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...
