Potential triple-bottom in EURGBP

[ProFXTrader]

Trade set-ups for 05/15/2015



Currency Pair: EURGBP
Closing Price: 0.7226
Entry Order: BUY stop @ 0.7245
Stop loss: 0.7207
Take profit: 0.7357

Analysis: This pair has formed a potential triple-bottom price pattern. Yesterday we had a large key reversal. Penetration above today's NR4 (narrowest range in previous 4 trading sessions) should see good follow-through.

 

[DuCaan]

Been watching this pattern in EURGBP.... http://marketchartpattern.com/forex/...6-17-may-2015/