Stalking EURGBP for a LONG
1. Currently the EUR Groups are weak therefore this is a counter trend trade against the EUR GROUP
2. If prices stabilizes above 0.8650, there should be a chance to enter a buy and take it to the top of the 4hr range
3. Waiting for the sellers momentum to die off from both the EUR groups and the EURGBP.
2. If prices stabilizes above 0.8650, there should be a chance to enter a buy and take it to the top of the 4hr range
3. Waiting for the sellers momentum to die off from both the EUR groups and the EURGBP.
Trade active
Entered long on the break of 0.8650TP @ 0.86736
SL @ 0.86440
Trade closed: target reached
TP 1 @ 0.86646Trade closed: target reached
Closed all position due to low volume (New York lunch time)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.