EURGBP Incoming Opportunity

6 Ağu 2018

The instrument has created a triangle due to the formation of lower highs and higher lows on H4 chart.

The price is currently trading in the middle of the structure at around 0.8890

A break on either side will give us a signal for further direction.

Keep in mind, D1 range was broken from the resistance and price is currently lurking at that area;
A break above the triangle on H4 would give more power to go long;




Awaiting signal ... Patience is a virtue!

7 Ağu 2018

Yorum

The break is obvious, now waiting for the pullback to attach with a good buy.
Likely area for the pullback to begin is the resistance at the previous high.
For those who have the balls, you could take advantage of a short term sell there.
For the not so ballsy ones, we are waiting for the pull back to complete :)

7 Ağu 2018

Yorum

9 Ağu 2018

Yorum

Top of channel resistance hit after a massive rally.
Great sell opportunity before the next big move up
Enter short now
SL: 0.9050
TP: 0.8960

9 Ağu 2018

Yorum

9 Ağu 2018

İşlem aktif

9 Ağu 2018

Yorum

10 Ağu 2018

İşlem kapandı: hedefe ulaştı

Trade closed at target price of 0.8960
+55 pips profit out of the correction