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jojofang0901

EURGBP Bullish Reversal Price Action

Long
Euro / British Pound (OANDA:EURGBP)  
jojofang0901 Updated   
OANDA:EURGBP   Euro / British Pound
Chart Patterns Flag Parallel Channel priceaction structure pattern impulse correction Wedge
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chartpattern flagpattern parallelchannel priceaction structure pattern impulse correction wedgepattern


Hello traders:

Looking at EURGBP's price action for the buy opportunities.

We can see price had a HTF descending channel, correcting the price.

WE further see a smaller LTF decending channel and a strong bullihs impulse breaking up.

This is a good indication we are going to see the next bullish run on the HTF.

Price broke out now, so best to wait for LTF correction to get in.

Thank you
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