You can buy near the top of the misleading square. The stop loss is the lowest of the square. If the stop loss is hit, the sell trade is activated and the compensation target is clarified.
The market seems to be very uncertain and very risky ... I prefer to turn off my laptop and have fun ... Christmas is approaching and the volume of transactions is very low ......
After a little drop in price, market is now back at the levels from the EU session this morning. Our idea is still the same.
We're still looking for a move up to 1770-1780 and then a possible pullback. The end of this pullback will give us an entry opportunity with targets above
In EURGBP the price keeps forming a bullish pattern .
After the first breakout from the "Inverse Head and Shoulders ," the price completed also two "Falling Wedges".
If the price will move in an aggressive way we can see it test the top
