Reply To: Trade opportunity?

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Lewis NicolsonLewis Nicolson

Hi troops,

Battleplan for tomorrow πŸ™‚

Selling EURGBP to 0.70447, My reasons are that it has double topped (give it a google and you will see plenty of information about it) at the trendline which can often mean a reversal, it has then broke structure at around 0.71089 and to further add to this has then went into a wedge continuation pattern, the pattern has taking its place up at that 0.71089 level to use as support. ( Reading about these I often hear that they are longer term patterns, but i see them working in smaller time frames all the time if they have other structure etc around them.

Will do the rest of my planning tomorrow,

Cheers πŸ™‚


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