EURGBP - Descending Wedge - 1 Hour to 4 Hour Long Opportunity
Greetings,
Fairly simple trade Descending Wedge - These patterns typically break out counter to the trend that preceded them, with their measured objective at the first peak that started the trading pattern.
Entry Point at Market - .7141
Target Profit - .7240
Stop Loss - .7090
Please do your own analysis before entering a trade, and feel free to comment, "like" or follow!
Fairly simple trade Descending Wedge - These patterns typically break out counter to the trend that preceded them, with their measured objective at the first peak that started the trading pattern.
Entry Point at Market - .7141
Target Profit - .7240
Stop Loss - .7090
Please do your own analysis before entering a trade, and feel free to comment, "like" or follow!
註釋
If you have not entered this trade we are now trading alongside the bottom edge of the wedge for the most optimal entry. @.7099交易結束：達到停損點
It's a shame to see a pattern not work out, however breaking out of these types of patterns in the other direction can often lead to drastic moves - which is a dangerous place to be when trading against the trend.
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