Selling EURGBP for 100 pips at the start of the year
First of all, a very happy new year to all the followers. Hope the pips will be with you in 2023 just like it has been with us in 2022.
We ended 8 months with a neat profit of 26.3% despite the market being in turmoil. The main reason for this is because we follow the trend and trade accordingly with tight stop losses. We took a break from posting in the last one month but hope to bring you good ideas in 2023 as well.
The first trade is the EURGBP sell. It is at a high and ended quite close to the December 2022 high of 0.8869.
We have placed a short based on the harmonic pattern with a 50 pip stop loss and targeting 100 pips. We will have to wait for the market to open up tomorrow to see a good movement here.
Good luck!
We ended 8 months with a neat profit of 26.3% despite the market being in turmoil. The main reason for this is because we follow the trend and trade accordingly with tight stop losses. We took a break from posting in the last one month but hope to bring you good ideas in 2023 as well.
The first trade is the EURGBP sell. It is at a high and ended quite close to the December 2022 high of 0.8869.
We have placed a short based on the harmonic pattern with a 50 pip stop loss and targeting 100 pips. We will have to wait for the market to open up tomorrow to see a good movement here.
Good luck!