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EURGBP 240m - SHELF - CHANNEL - FLAG PATTERN
Euro / British Pound
Long
EURGBP 240m - SHELF - CHANNEL - FLAG PATTERN
By Oztrade
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Sep 10, 2015
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Cheer
Cheer
Sep 10, 2015
Hi All, I wanted to share this potential opportunity with low risk. I am not too familiar with these trades as I only study advanced patterns.
Here looks to be a potential flag pattern or Channel Pattern.
I have noted the 2 potential completions being equal length moves of the original pole. or A-B move
I have also put in 2 key levels of structure for T1 and T2
Also Daily seems to be in Bearish Rotation - we have tested these levels 3 times now.
If you could go long as low as possible then your risk obviously is less.
Happy trading - if anyone knows more on these patterns - feel free to comment it would be great.
EURGBP
FLAG
Flag
Oztrade
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