hello guys
This is a EurGbp buy trade. As you can see the wedge is very difficult to identify. And price as a strong reaction on it as a support or resistance.
Now, i've identified the embedded channel within it so we can easily mark out the actually wedge line. This is a trade that requires patient to hit tp (if youre swinging it), anyways, I assume price will be aggressive towards the up side from this moment since its resting on a support of the wedge since around April 2021.
Nice risk to reward as well!!
Good luck. Trade is active now. SL 0.82960
TP: 0.84800
This is a EurGbp buy trade. As you can see the wedge is very difficult to identify. And price as a strong reaction on it as a support or resistance.
Now, i've identified the embedded channel within it so we can easily mark out the actually wedge line. This is a trade that requires patient to hit tp (if youre swinging it), anyways, I assume price will be aggressive towards the up side from this moment since its resting on a support of the wedge since around April 2021.
Nice risk to reward as well!!
Good luck. Trade is active now. SL 0.82960
TP: 0.84800