EURGBP LONG
Updated
-DETAILS ON THE CHART
-ABCD EXTENTION 0.618 FIB HELD
-BREAK AND CLOSE ABOVE TRENDLINE IN STRUCTURE
-LOOKING BULLISH
-DAILT TF BULLISH AND BIGGER PICTURE IS BULL TREND
-YOU COULD WAIT FOR A BREAK AND CLOSE ABOVE DOTTED BLUE LINE BUT THIS IS VALID NOW
-ABCD EXTENTION 0.618 FIB HELD
-BREAK AND CLOSE ABOVE TRENDLINE IN STRUCTURE
-LOOKING BULLISH
-DAILT TF BULLISH AND BIGGER PICTURE IS BULL TREND
-YOU COULD WAIT FOR A BREAK AND CLOSE ABOVE DOTTED BLUE LINE BUT THIS IS VALID NOW
Note
Trade active
Been long since the first break and close about the blue triangleTrade active
key fib levels so strong support
Trade active
80 odd pips up slowly but surely heading towards target
Trade active
Waiting for the candle close on the 4h chart here which is in roughly an 1hour and 30mins. If we stay below the blue trendline then we will have a pullback or a change in direction so we could take profits then short it for a while....but a lot can happen in an hour and a half so be patient it could move back up above the trendline :). Be patient....these 4H candle closes are strong indicators where the price is going :)
Trade closed: target reached
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